Source Pravda.Ru

Oil for food: Iraq Increases Exports

The United Nations Oil-for-food programme allows Iraq to export more oil in return for humanitarian relief packages covering a series of basic necessities. In one week, Baghdad’s crude exports jumped from just over 5 million barrels per day to 19.3 million in the week ending November 1st, according to the UN Office of the Iraq Programme, bringing 430m. USD in revenue.

Meanwhile, 5 members of the UN instection team arrived at the crossing point of Arar on the Iraq-Saudi Arabia border, to set up a UN inspection site in the vicinity. This is expected to be in operation by Friday and will be the fifth border post for the import of goods under the oil-for-food programme.

John ASHTEAD PRAVDA.Ru LONDON UNITED KINGDOM

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