Office of the Iraq Programme Oil for Food

9 May 2000

Oil-for-Food Background Information

Update for the period 29 April to 5 May 2000

During the period 29 April to 5 May Iraq exported 15.3 million barrels of oil for revenue estimated around $341 million. This brings the total volume exported in phase VII to 260 million barrels for revenue of around $6.172 billion.

The total number of contracts approved for the sale of oil under phase VII, which began on 12 December, remains at 101. The approved volume is 351.32 million barrels (203.07m Basrah Light and 148.25m Kirkuk).

Since the accelerated procedures for the approval of contracts for humanitarian supplies for Iraq came into force on 1 March 2000, the Office of the Iraq Programme has notified the 661 committee of 381 applications, worth $859.010 million. These contracts are for items on the lists approved by the Committee in the food, health, education and agriculture sectors.

Over the past week the Office of the Iraq Programme received 10 contracts deemed to included possible dual- use items affected by the provisions of resolution 1051 (1996). The cumulative total of applications under this category in phases IV to VII is now 100 out of 7505 contracts that have been submitted to the 661 committee.

On the humanitarian side, the Security Council’s 661 Committee has approved $5.957 billion dollars worth of contracts in phases IV to VII and put $1.480 billion on hold for the same period. In phases IV to VII, OIP has received a total of 2,387 contracts worth $1.309 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 1455, worth $748.449 million and put 580, worth $343.786 million, on hold.

This brings the total value of contracts on hold in the humanitarian and oil sectors to $1.824 billion.

Humanitarian supplies and equipment for the oil industry continue to arrive normally through the three land border points and at the Iraqi port of Umm Qasr. Arrivals included nearly 82 thousand tonnes of wheat, around 23 thousand tonnes of rice and almost 20 thousand tonnes of cooking oil along with pulses, infant formula and detergents. Apart from a range of medicines and health equipment other arrivals included: centrifugal pumping system, pipe fittings, potassium sulfate, submersible pumps, polypropylene bags, school desks and piping insulation.

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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 29 April to 5 May 2000 During the period 29 April to 5 May Iraq exported 15.3 million barrels of oil for revenue estimated around $341 million. This brings the total volume exported in phase VII to 260 million barrels for revenue of around $6.172 billion. The total number of contracts approved for the sale of oil under phase VII, which began on 12 December, remains at 101. The approved volume is 351.32 million barrels (203.07m Basrah Light and 148.25m Kirkuk). Since the accelerated procedures for the approval of contracts for humanitarian supplies for Iraq came into force on 1 March 2000, the Office of the Iraq Programme has notified the 661 committee of 381 applications, worth $859.010 million. These contracts are for items on the lists approved by the Committee in the food, health, education and agriculture sectors. Over the past week the Office of the Iraq Programme received 10 contracts deemed to included possible dual- use items affected by the provisions of resolution 1051 (1996). The cumulative total of applications under this category in phases IV to VII is now 100 out of 7505 contracts that have been submitted to the 661 committee. On the humanitarian side, the Security Council’s 661 Committee has approved $5.957 billion dollars worth of contracts in phases IV to VII and put $1.480 billion on hold for the same period. In phases IV to VII, OIP has received a total of 2,387 contracts worth $1.309 billion for the supply of oil industry spare parts and equipment. Of these contracts, the 661 Committee has approved 1455, worth $748.449 million and put 580, worth $343.786 million, on hold. This brings the total value of contracts on hold in the humanitarian and oil sectors to $1.824 billion. Humanitarian supplies and equipment for the oil industry continue to arrive normally through the three land border points and at the Iraqi port of Umm Qasr. Arrivals included nearly 82 thousand tonnes of wheat, around 23 thousand tonnes of rice and almost 20 thousand tonnes of cooking oil along with pulses, infant formula and detergents. Apart from a range of medicines and health equipment other arrivals included: centrifugal pumping system, pipe fittings, potassium sulfate, submersible pumps, polypropylene bags, school desks and piping insulation.
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