Update for the period 2 to 8 October 1999
During the week to 8 October 1999, Iraq exported a total of 13.0 million
barrels of crude oil for an estimated revenue of $253 million dollars. Since
oil exports under phase VI began on 1 June there have been 281.1 million
barrels exported for an estimated revenue of $5.002 billion. To date, about 43
per cent of loadings have been made at Ceyhan.
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 376.7
million barrels (209.5m Basrah Light, 167.2m Kirkuk). One additional contract
is under consideration by the Committee.
The Office of the Iraq Programme has now received 563 contracts for
humanitarian supplies worth $1.414 billion under phase VI. Of the 398
contracts circulated to the Security Council's 661 Committee, 297 worth $799.7
million have been approved and 63, worth $80.8 million, have been put on hold.
So far $1.56 billion worth of contracts for humanitarian supplies have been
approved under phase IV and $1.46 billion under phase V. There are $42.14
million dollars worth of humanitarian supplies on hold in phase IV and $353.79
million on hold in phase V.
The 661 Committee has approved $246.42 million worth of oil spare parts and
equipment in phase IV and put $49.59 million on hold. For phase V, $121.95
million in oil sector equipment has been approved and $83.18 million is
currently on hold. (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).
Over the past week, the OIP circulated three contracts for the supply of
3500 tonnes of pulses. In addition to the contracts circulated, the OIP has
received others totalling 70,750 tonnes - just under half of the allocation
for pulses in phase VI. There have been no contracts for pulses received under
phase V - other than contracts transferred from phase IV.
These are the first contracts for pulses received since November last year.
In his last report to the Security Council (S/1999/896
on 19 August 1999), the Secretary-General noted that the food basket (ie
the ration distributed by the Government) had reached only 93% of the targeted
caloric value of 2150 kilocalories per person per day largely because of
under-ordering and late arrival of protein sources including pulses.
Supplies purchased under the programme continue to arrive normally:
Arrivals over the past week included: 12,484 tonnes of sugar, 11,652 tonnes of
rice, 652 tonnes of detergent, 282 tonnes of cooking oil. Other arrivals
include broiler hatching eggs from Syria and Hungary, water pumps and spare
parts, high protein biscuits, a range of medicines and hospital equipment,
generators and oil industry spare parts and equipment.
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