Norway's DNO Eyes Strategic Kurdish Oil Export Agreement
Norway's DNO, the top oil producer in Iraq's Kurdistan region, is contemplating participating in a deal to export Kurdish oil through a Turkish pipeline. DNO Executive Chairman Bijan Mossavar-Rahmani indicated that both other companies and Iraq's SOMO support this potential collaboration.
- Country:
- Norway
Norwegian oil giant DNO, the leading producer in Iraq's Kurdistan region, is evaluating the possibility of joining an existing agreement for exporting Kurdish crude via a major pipeline to Turkey.
During a recent statement, DNO Executive Chairman Bijan Mossavar-Rahmani expressed the company's openness to entering the agreement at a time of their choosing, highlighting that other participating firms and the Iraqi state oil marketer SOMO are encouraging such a move.
The potential collaboration could signal a significant step in the region's oil export dynamics, where international and regional partnerships are crucial for economic and strategic interests.
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