DNO scraps output guidance amid Kurdistan export uncertainty

Kitco Media
By Reuters
Published:
Updated:
Reuters
OSLO, May 11 (Reuters) - Norwegian oil firm DNO scrapped on Thursday its guidance for output in Iraq's Kurdistan region following a halt in exports since March that forced the company to shut production. "Until export restarts and regularity of payment for past and ongoing oil sales is established, DNO cannot provide any projection of full-year Kurdistan production," the company said in a statement. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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