Office of the Iraq Programme Oil for Food

5 October 1999

Oil-for-Food Background Information

Update for the period 25 September to 1 October 1999

During the week to 1 October 1999, Iraq exported a total of 15.2 million barrels of crude oil for an estimated revenue of $328 million dollars. In the current phase there have been 268.1 million barrels exported for an estimated revenue of $4.866 billion. To date, about 44 per cent of loadings have been made at Ceyhan.

On 4 October 1999 the Security Council adopted resolution 1266 which authorised Iraq to export an additional $3.04 billion worth of oil during phase VI which runs from 25 May to 21 November 1999. This is in addition to the $5.256 billion authorized by resolution 1242 (1999). The United Nations currently estimates potential revenue in the phase to be around $7 billion.

As reported earlier, the Security Council's 661 Committee has approved 79 contracts for the export of Iraqi oil with with a total volume of 372.7 million barrels (207.5m Basrah Light, 165.2m Kirkuk).

The Office of the Iraq Programme has now received 512 contracts for humanitarian supplies worth $1.33 billion under phase VI. Of the 347 contracts circulated to the Security Council's 661 Committee, 258 worth $700.4 million have been approved and 43, worth $64.8 million, have been put on hold.

So far $1.56 billion worth of contracts for humanitarian supplies have been approved under phase IV and $1.43 billion under phase V. There are $42.14 million dollars worth of humanitarian supplies on hold in phase IV and $341.34 million on hold in phase V.

The 661 Committee has approved $246 million worth of oil spare parts and equipment in phase IV and put $49.73 million on hold. For phase V, $119.97 million in oil sector equipment has been approved and $82.74 million is currently on hold. Around $126 million dollars worth of oil sector equipment has arrived in Iraq. (note: a full listing of humanitarian and oil sector contracts for Phases V and VI and and their current status is available on the OIP website .

The 661 Committee last week approved a contract with a French company for the purchase of 57 cold store trucks for the Ministry of Health. The contract had earlier been placed on hold However, another contract with a Spanish company for the purchase of a further 55 cold store trucks remains on hold.

For the past eighteen months the United Nations has been proposing the purchase of such vehicles to ensure that vaccines, blood products and other heat-sensitive medicines such as insulin could be safely transported to various parts of Iraq where the daytime temperature often exceeds 50 degrees Celsius.

Supplies purchased under the programme continue to arrive normally: Arrivals over the past week included: 98,762 tonnes of wheat, 15,342 tonnes of cooking oil, 14,110 tonnes of rice, 4,654 tonnes of powdered infant milk formula. Other arrivals included the first shipment of high protein biscuits for use in a targeted nutrition programme.

There has been a recent acceleration in the arrival of contracts for targeted nutrition. In the last two weeks, the OIP has received a phase VI contract for 4,800 tonnes of high protein biscuits, and a contract for 1,500 tonnes of therapeutic milk which is the full allocation for phase V.

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Produced for media and public information – not an official United Nations Document
For further information please contact Hasmik Egian, OIP - NY, 1.212.963.4341

Oil-for-Food Background Information		Update for the period 25 September to 1 October 1999 During the week to 1 October 1999, Iraq exported a total of 15.2 million barrels of crude oil for an estimated revenue of $328 million dollars. In the current phase there have been 268.1 million barrels exported for an estimated revenue of $4.866 billion. To date, about 44 per cent of loadings have been made at Ceyhan. On 4 October 1999 the Security Council adopted resolution 1266 which authorised Iraq to export an additional $3.04 billion worth of oil during phase VI which runs from 25 May to 21 November 1999. This is in addition to the $5.256 billion authorized by resolution 1242 (1999). The United Nations currently estimates potential revenue in the phase to be around $7 billion. As reported earlier, the Security Council's 661 Committee has approved 79 contracts for the export of Iraqi oil with with a total volume of 372.7 million barrels (207.5m Basrah Light, 165.2m Kirkuk). The Office of the Iraq Programme has now received 512 contracts for humanitarian supplies worth $1.33 billion under phase VI. Of the 347 contracts circulated to the Security Council's 661 Committee, 258 worth $700.4 million have been approved and 43, worth $64.8 million, have been put on hold. So far $1.56 billion worth of contracts for humanitarian supplies have been approved under phase IV and $1.43 billion under phase V. There are $42.14 million dollars worth of humanitarian supplies on hold in phase IV and $341.34 million on hold in phase V. The 661 Committee has approved $246 million worth of oil spare parts and equipment in phase IV and put $49.73 million on hold. For phase V, $119.97 million in oil sector equipment has been approved and $82.74 million is currently on hold. Around $126 million dollars worth of oil sector equipment has arrived in Iraq. (note: a full listing of humanitarian and oil sector contracts for Phases V and VI and and their current status is available on the OIP website . The 661 Committee last week approved a contract with a French company for the purchase of 57 cold store trucks for the Ministry of Health. The contract had earlier been placed on hold However, another contract with a Spanish company for the purchase of a further 55 cold store trucks remains on hold. For the past eighteen months the United Nations has been proposing the purchase of such vehicles to ensure that vaccines, blood products and other heat-sensitive medicines such as insulin could be safely transported to various parts of Iraq where the daytime temperature often exceeds 50 degrees Celsius. Supplies purchased under the programme continue to arrive normally: Arrivals over the past week included: 98,762 tonnes of wheat, 15,342 tonnes of cooking oil, 14,110 tonnes of rice, 4,654 tonnes of powdered infant milk formula. Other arrivals included the first shipment of high protein biscuits for use in a targeted nutrition programme. There has been a recent acceleration in the arrival of contracts for targeted nutrition. In the last two weeks, the OIP has received a phase VI contract for 4,800 tonnes of high protein biscuits, and a contract for 1,500 tonnes of therapeutic milk which is the full allocation for phase V.
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