DNO Receives Payment for KRG’s Crude Oil Deliveries in July

11/10/2017 - 12:13 Published in Economy


ERBIL — DNO, the Norwegian oil and gas operator, reported on October 11, the receipt of USD 39.50 million as payments for the crude oil deliveries in July from the Kurdistan Regional Government (KRG).

DNO reported the receipt of USD 39.50 million from KRG for the crude oil the company had delivered in July 2017 to the export market from Tawke oil field in Zakho city of Duhok province.

The company said that the funds will be shared pro-rata by DNO and partner Genel Energy plc.