Oil Companies Want Kurdistan Payment Issue Settled Before Resuming Exports

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The international oil companies that operate in Kurdistan have said that they will not produce oil in the region until they have clarity about payments.

The international oil companies operating in Iraq’s semi-autonomous region of Kurdistan will not be producing oil for exports until they have clarity about overdue and future payments and sales terms, Norwegian firm DNO, one of the six members of the Association of the Petroleum Industry of Kurdistan APIKUR, said on Thursday.

In a statement on Thursday, Norway’s DNO said “According to a recent statement by the Prime Minister of Iraq, Baghdad and Ankara are prepared to recommence flows from Kurdistan as soon as certain unspecified agreements between the international oil companies and Iraq and Erbil are reached.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese companies place US bets on TexasConcern over belligerence from China has refocused attention on the importance of the US market
Source: FT - 🏆 113. / 51 Read more »