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Norwegian DNO Receives Kurdish Oil Payment Instalment

The sources said that this figure will be divided with its partner company of Genel Energy.

Arbil/ Iraq TradeLink: Norwegian DNO oil company announced receiving 43.8 million dollars from the Kurdish government for the shipments of Taoki oilfield for

December, 2016.


 
The sources said that this figure will be divided with its partner company of Genel Energy. Taoki  oilfield produced 110.335 barrels of oil daily, including 109.546
 
barrels were allocated for exports.

DNO has 55% share, as well as Genel  Energy 25% and the Kurdish government 20%  in Taoki  oilfield.

Source: Iraq TradeLink

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