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Iraq signs 48 contracts to export oil
Iraq, Economics, 7/27/1998
Iraq has signed 48 contracts to export oil, as part of the fourth stage of the oil-for-food program, reports Iraqi News Agency. Under the contracts, Iraq will sell 302 million barrels of oil in the six-month period that started on June 3.
Iraq has exported 72 million barrels between June and July, Map reported.
All contracts signed by Iraq must be approved by a U.N. committee supervising the sanctions enforced against Iraqi since 1990.
Previous Stories:
Iraq sanctions cause Jordan $3 billion in losses
(7/20/1998)
Baghdad, Damascus to reopen trade bureaus
(7/17/1998)
39 Iraqi contracts approved
(7/13/1998)
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