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Iraqi oil exports will soon decrease



Sorry, I forgot to write the address of OIP's website:
http://www.un.org/Depts/oip/reports/oilexperts.htm


+AD4-
+AD4APg-Dear all,
+AD4APg-
+AD4APg-OIP's site has just published the REPORT OF THE GROUP OF UNITED NATIONS
+AD4APg-EXPERTS ESTABLISHED PURSUANT TO PARAGRAPH 30 OF THE SECURITY COUNCIL
+AD4APg-RESOLUTION 1284 (2000). Here are the MAIN CONCLUSIONS:
+AD4APg-
+AD4APg-        The lamentable state of the Iraqi Oil Industry has not improved.
+AD4APg-
+AD4APg-        The level of oil exports during phase 7 will decline from the
level
+AD4APg-of 2.2 million barrels per day achieved in phase 6, to a level of between
+AD4APg-1.8 to 1.9 million barrels per day.
+AD4APg-
+AD4APg-        A further production decline of between 5+ACU- to 15+ACU- per annum is
+AD4APg-forecast unless the delivery of spare parts and equipment is immediately
+AD4APg-accelerated.
+AD4APg-
+AD4APg-        The oil transportation infra-structure has not been improved
during
+AD4APg-the last two years.
+AD4APg-
+AD4APg-        Insufficient spare parts and equipment have arrived in time to
+AD4APg-sustain production.
+AD4APg-
+AD4APg-        The issues of pollution and safety have not been addressed.
+AD4APg-
+AD4APg-        An alternative investment strategy for optimising production, by
+AD4APg-applying modern recovery techniques such as horizontal drilling, is
+AD4APg-recommended.
+AD4APg-
+AD4APg-
+AD4APg-
+AD4APg-
+AD4-

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