Knoc quits KRG's Sangaw North

Korea National Oil Corporation (Knoc) has decided to quit the Sangaw North block in Iraqi Kurdistan, where it held a 20% stake, a year after the only probe on the block yielded sub-commercial flow test rates.

Heading for the exit: Knoc closes door on one-fifth stake in Iraqi Kurdistan block
Heading for the exit: Knoc closes door on one-fifth stake in Iraqi Kurdistan block
Published 4 September 2012, 13:04Updated 4 September 2012, 14:52
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