Header Logo

   

   2 November 1999  

Oil-for-Food Background Information

 

Update for the period 16 to 29 October 1999

During the week to 29 October 1999, Iraq exported a total of 15.6 million barrels of crude oil for an estimated revenue of $308 million dollars.  Since oil exports under phase VI began on 1 June there have been 330.3 million barrels exported for an estimated revenue of $6.050 billion.  To date, about 43 per cent of loadings have been made at Ceyhan.   In the week to 22 October, Iraq had exported 20.6 million barrels with an estimated value of $434 million.

As reported earlier, the Security Council's 661 Committee has approved 80 contract for the sale of Iraqi oil with a total volume of 388.7 million barrels (221.5m Basrah Light, 167.2m Kirkuk).

The Office of the Iraq Programme has now received 741 contracts for humanitarian supplies worth $1.810 billion under phase VI. Of the 532 contracts circulated to the Security Council's 661 Committee, 383 worth $946 million have been approved.   So far $1.56 billion worth of contracts for humanitarian supplies have been approved under phase IV and $1.5 billion under phase V.

At present there are 300 contracts worth $637.4 million dollars for the purchase of humanitarian supplies on hold:  in phase IV, 17 contracts worth $31.7 million dollars are on hold; in phase, V 193 contracts worth $475.1 million and in phase VI, 90 contracts worth $130.6 million.

The holds include a contract for the supply of 16 heart and lung machines ordered by the Ministry of Health.   The contract is with a Jordanian company for the supply of equipment from Danish manufacturers.   The reason given for the hold is the need for further technical specifications and a concern that one item is on the list of notifiable items established by resolution 1051 which provides for the notification and monitoring of potential dual use items.   Each heart/lung machine includes a computer for monitoring the condition of the patient.  The contract was submitted on 17 August and put on hold on 14 October.   OIP is working with the concerned missions to provide the information requested.

To date OIP has received 1259 contracts worth $660 million for the supply of oil industry spare parts and equipment.  The 661 Committee has approved contracts worth $247.2 million for phase IV and put $49.7 million on hold. For phase V, $322.8 million worth of oil sector contracts have been received, $140.4 million approved and $99 million is currently on hold. For Phase VI, the OIP has received $39.6 million dollars worth of contracts, $7.7 million has been approved and $10.5 million is 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) .

Meanwhile supplies, including oil industry equipment, continues to arrive in Iraq.   Arrivals over the past week include:  43 thousand tonnes of wheat, 14 thousand tonnes of rice, 920 tonnes of pulses and 2500 tonnes of detergents and soaps.  Other arrivals include: medicines including antibiotics, surgical gloves, welded pipes, liquified chlorine gas, a hydraulic excavator, school desks and electrical equipment.

 

OIP Home Page
 
 

Back to Top


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