Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gary Burton who wrote (55509)	11/27/1999 7:33:00 PM
From: Think4Yourself	Read Replies (1) of 95453

Does anyone else find the following statements highly suspicious? Iraq stopping exports for political reasons, yet their storage tanks are empty? I'm no expert (thank God!) but it seems to me that something else is going on here. New York, Nov. 26 (Bloomberg) -- Iraq resumed pumping crude oil through a pipeline to the Turkish port of Ceyhan on Wednesday, but only to refill empty storage tanks, the United Nations said. Exports from the country still are halted. The oil tanks have a capacity of 7 1/2 million barrels and were empty after the completion of loadings under the latest six- month period of Iraqi exports permitted under a UN accord, UN spokesman Fred Eckhard said." ... quote.bloomberg.com

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