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DNO expands Tawke oil contract area in Iraq Kurdistan region

Plus: *DNO nearer to export oil *IMF gives Iraq marks on economy *Basra power plant up and running *Rumors over Maliki future *Alive in Baghdad: Sadr City *Much more Norway's DNO will expand its successful Tawke project in northern Iraq, moving closer to being able to export oil via pipeline, Ben Lando reports for United […]

Norway's DNO will expand its successful Tawke project in northern Iraq, moving closer to being able to export oil via pipeline, Ben Lando reports for United Press International. Exporting the Kurdistan region oil depends more on politics than geology, however, as the central Iraqi government and Kurdistan Regional Government have not agreed on KRG exports. DNO announced Friday its Tawke production-sharing contract has been amended and now includes part of the area included in the Dohuk production-sharing contract, as well as a 15 percent working interest increase to 55 percent.

Here’s what UPI’s Lando found about the export debate during a recent trip to Iraq.

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