REPAIR OF IRAQI OIL FACILITIES COULD COST $50B

  • Middle East Newsline
  • January 27, 2003
WASHINGTON [MENL] -- The United States has assessed that restoring Iraq'soil infrastructure could cost up to $50 billion. U.S. officials said the figure was the result of a CIA and DefenseDepartment examination of the prospect that Iraqi President Saddam Husseinwould order the destruction of his nation's oil infrastructure amid anyU.S.-led war to topple his regime. They said the restoring of theinfrastructure of Kuwait and other Gulf Cooperation Council states in the1991 Gulf war cost $20 billion.
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