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OIL TRUST FUND

 

February 15, 2004:

·        As of February 11, 2004, estimated crude oil export revenue is $1.6 billion since January 1, 2004 (crude oil export revenue for 2003 [June - December] was $5.1 billion).

 

February 8, 2004:

·        As of January 31, 2004, estimated crude oil export revenue is $1.3 billion since January 1, 2004 (crude oil export revenue for 2003 [June - December] was $5.1 billion).

·        CPA provided information to the Minister of Oil on potential oil trust structures for Iraq, and is awaiting his response.

 

February 1, 2004:

·        As of January 30, 2004, estimated crude oil export revenue is $1.2 billion since January 1, 2004 (estimated crude oil export revenue is $5.9 billion since Iraqi exports resumed in June 2003).

·        CPA continues to provide the Minister of Oil with information on potential trust structures for Iraq.

 

 January 25, 2004:

 ·        As of January 16, 2004, crude oil export revenue is estimated at $5.5 billion since Iraqi exports resumed in June 2003.

·        CPA began discussions with the Minister of Oil regarding an oil trust plan. CPA will provide the minister with information on potential trust structures for Iraq.

 

January 17, 2004:

·        As of January 10, 2004, crude oil export revenue is estimated at $5.3 billion since Iraqi exports resumed in June 2003.

 

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