DNO receives Payment for Tawke May Deliveries

DNO ASA, the Norwegian oil and gas operator, has reported receipt of USD 39.59 million from the Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market from the Tawke license.

The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 33.21 million towards monthly deliveries and USD 6.39 million towards recovery of outstanding receivables.

(Source: DNO)

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