Iraq's Antisanctions Campaign: Prospects and Implications - CERA ,
 The impacts of IRAQ suspending oil shipments could affect markets as early =
as=20
mid-December.
---------------------- Forwarded by Lorna Brennan/ET&S/Enron on 11/29/2000=
=20
04:59 PM ---------------------------


webmaster@cera.com on 11/29/2000 04:29:14 PM
To: Lorna.Brennan@enron.com
cc: =20

Subject: Iraq's Antisanctions Campaign: Prospects and Implications - CERA=
=20
Decision Brief




**********************************************************************
CERA Decision Brief: Sent Wed, November 29, 2000
**********************************************************************

Title: Iraq's Antisanctions Campaign: Prospects and Implications
Author: Placke
E-Mail Category: Decision Brief
Product Line: World Oil ,
URL: http://www.cera.com/cfm/track/eprofile.cfm?u=3D5526&m=3D1429 ,

Alternative URL:=20
http://www.cera.com/client/wo/db/112900_16/wo_db_112900_16_ab.html
*********************************************************

The Iraqi regime=01,s campaign to neutralize and eliminate the UN sanctions=
 that=20
have
constrained it for ten years is gathering momentum. Of immediate significan=
ce=20
is the
growing likelihood that the antisanctions campaign will again pit Iraq=20
against the UN
Security Council--this time in a struggle over the financial controls at th=
e=20
heart of
the "oil for food" program, whose current phase expires December 5. Such a=
=20
struggle
could lead to suspension of Iraqi oil exports, perhaps for a few weeks, as =
has
previously occurred, but possibly for considerably longer. Should such a=20
scenario
unfold, the effect on a still tight and nervous oil market would be dramati=
c.


**end**

Follow URL for complete report.


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Strategies and Risks for the Energy Future" in Houston, February 12-16,=20
2001!  For more information and to register, please visit=20
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