According to the UN Office of the Iraq Programme, Baghdad exported 17.4 million barrels of oil last week at an average price of $21.45 (€24.05) per barrel. During the same period, the UN oil overseers, on behalf of the Security Council committee monitoring the sanctions against Iraq, approved three more oil purchase contracts covering 5 million barrels of oil, bringing the total number of approved contracts to 149. As of 13 April, there were 1,682 contracts worth $3.52 billion on hold, the oil-for-food programme reported. Most of those — 1,138 contracts worth over $3 billion — were for humanitarian supplies, while the remainder was for oil industry spare parts and equipment.The statistics released today also showed progress in the housing sector, with the committee having approved a cumulative total of shelter-related goods worth $1.1 billion. Materials worth $98 million have arrived in Iraq, where imported building materials were being sold at less than 50 per cent of their cost. A review of distribution sites in Baghdad showed that some 54 per cent of the beneficiaries were located in low- or medium-low income areas.