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 Norwegian oil firm DNO says Iraqi Kurdistan suspension lifted

 Source :  AFP
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Norwegian oil firm DNO says Iraqi Kurdistan suspension lifted  6.10.2009  



DNO to resume Kurdistan oil output

October 6, 2009


OSLO, Norway,— Norwegian oil firm DNO announced Tuesday that the suspension of its operations in Kurdistan region of Iraq two weeks ago in a row over stock trading had been lifted.

The Kurdistan regional government's suspension of the company turned on information revealed by the Oslo stock market authority alleging implication of a Kurdish minister in a controversial stock transfer.

But the minister rejected the role attributed to him and the company said it was preparing legal action against the stock market authority for what it said,
www.ekurd.netabout the matter.

DNO was among the first foreign firms authorised to operate in Iraq following the fall of Saddam Hussein.

Copyright, respective author or news agency, AFP   

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