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

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To: BigBull who wrote (58643)1/18/2000 2:11:00 PM
From: BigBull  Read Replies (2) of 95453
 
UN + Iraqi oil industry infrastructure

quote.bloomberg.com

Iraq's output won't increase much above current levels
anytime soon even if the UN accelerates the pace in which the
country can import much-needed spare parts for its crumbling oil
infrastructure, analysts said.
``It's not a question of putting in place policies that will
boost Iraqi output,' said Mohammed Abduljabbar, an oil analyst
with Washington-based Petroleum Finance Company. ``It's a question
of moving quickly to make spare parts available in order to stop
Iraq's production level from declining.'
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