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6 April 1999

Oil-for-Food Background Information

 

Weekly Update

In the week from 27 March to 2 April 1999 there were only five shipments of oil from Iraq totalling 8.7 million barrels with an estimated revenue of $111 million. After 128 days of Phase V (26 November 1998 to 24 May 1999) of the oil for food programme Iraq has exported 240.9 million barrels (average 1.88m bpd) for an estimated revenue of $2.335 billion (average $9.69 a barrel).

The independent inspection agents stationed at the Mina Al Bakr loading platform in the Shat al-Arab waterway advise that on Sunday, 4 April 1999 there was a brief interruption in the flow of oil. However, it then resumed at up to the normal rate of 65,000 barrels per hour only to fall back to 32,000 barrels per hour on Monday morning.

The pumping rates improved during the day and the independent inspection agents advised on Tuesday that the ship currently alongside Mina Al Bakr is receiving oil at 50,000 barrels an hour - the maximum it is able to receive.

During the past week the Office of the Iraq Programme received 21 additional oil spare parts contracts worth $7,483,897. So far, the OIP has received 603 oil sector contracts with a total value of $320,128,316. The Security Council's 661 Committee approved three contracts for $495,868 worth of oil equipment. This brings the total number of oil sector contracts approved under Phase IV and V to 404 worth $238,293,295. The Committee put one oil sector contract on hold bringing the total on hold to 98 contracts worth $34,387,520.    (see full list of oil spares contracts)

As at the end of March, the OIP had received just two contracts for targeted nutrition - a part of the health sector aimed at providing high protein biscuits for pregnant or nursing mothers and therapeutic milk for severely malnourished children. Iraq proposed spending $16 million dollars on these items in the Distribution Plan for Phase IV. However, the two contracts received total just $3.1 million dollars. Both contracts have been approved and funded and funds are available for the remainder of the allocation.

Successive reports by the Secretary-General expressed serious concern regarding the need to accelerate procurement of these targeted nutrition items given the unacceptably high level of malnutrition in Iraq. Up to 23% of children in the 15 governorates in the centre and south of Iraq suffer from some degree of malnutrition.

To date the 661 Committee has approved 334 contracts for humanitarian supplies for Phase V with a total value of $942.6 million dollars. There are seven contracts on hold worth $3.2 million dollars. (Full list of contracts and status

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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