Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/genel-energy-gets-30-million-payment-from-kurdista.shtml

Genel Energy gets $30 million payment from Kurdistan Regional Government

Genel Energy says that the Taq Taq field partners have received a gross payment of $30 million from the Kurdistan Regional Governmentfor oil exported through the Kurdistan

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Genel Energy-4

Genel Energy says that the Taq Taq field partners have received a gross payment of $30 million from the Kurdistan Regional Governmentfor oil exported through the Kurdistan Region of Iraq-Turkey pipeline.

This represents the fourth export payment by the KRG since payments recommenced in September 2015. Genel's share of the gross Taq Taq payment is $16.5 million.

Tags: Genel Energy