line from the latest attack may take weeks, while full restoration of the pipeline's pre-war capacity could take months. (WMRC) September 1: Ibrahim Bahr al-Uloum, a former Iraqi exile, is appointed Iraq's first post-war oil minister by the country's Governing Council. Uloum replaces Thamir Ghadhban, who had been the acting oil minister since early May. (Reuters) September 10: The Inter-American Development Bank approves financing for Peru's Camisea natural gas project. The Camisea fields were discovered by Shell in 1986 and are estimated to hold of natural gas and of condensate, possibly transforming Peru into a net energy exporter. (DJ, WP, WMRC, EIA) September 11: The Federal Energy Regulatory Commission approves a plan for the new Cameron liquefied natural gas (LNG) import terminal in Hackberry, Louisiana. Cameron represents the first such project in the United States in over 20 years. (NYT) September 12: The United Nations (U.N.) Security Council lifts 11-year-old sanctions against Libya. Development of Libya's sizeable oil resources has been hindered by the sanctions, which were imposed in 1992 in an effort to extradite two Libyans indicted for the 1998 bombing of an American plane over Scotland. September 19: Iranian Oil Minister Bijan Zanganeh announces that the deal which granted a Japanese consortium preferential rights to develop Iran's Azadegan oil field has expired. The consortium was granted the rights in late 2000, but had yet to negotiate and sign a contract. The Azadegan field is estimated to hold some of oil. (Platts) September 24: OPEC members agree to cut the output ceiling for the ten member countries, excluding Iraq, by to , effective November 1. Iraq attends the OPEC meeting for the first time since 1990. OPEC cited concerns that the world oil market will be oversupplied in 2004 leading to lower prices. (Reuters) September 30: The Chicago Climate Exchange announces its first auction of emission allowances. Although emissions cuts are still voluntary, the exchange is considered an important prototype. (WMRC) October 3: Chad's President Idriss Deby announced that the new Chad-Cameroon oil pipeline is officially "onstream." Chad began pumping oil into the pipeline in July 2003 from the Doba field. The $3.7 billion Chad-Cameroon oil pipeline represents the World Bank's single largest investment ever in sub-Saharan Africa. (NYT) October 4: The Russian oil companies Yukos and Sibneft complete their merger, creating YukosSibneft, the world's fourth-largest private oil producer. The news is accompanied by rumors that major American firms