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July 4, 2005

Saboteurs destroy oil industry productivity
 

Iraq has lost about $11.35 billion because of damage to oil sector infrastructure and lost revenue since petroleum exports resumed after the U.S.-led invasion two years ago, an Iraqi Oil Ministry spokesman said Sunday.

Assem Jihad told Dow Jones Newswires that there had been 300 acts of sabotage against Iraqi oil installations.

He said 70 acts of sabotage took place in the first five months of 2005.

[From (San Jose) Mercury News wire services.]

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