Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/genel-energy-receives-further-8-million-from-kurdi.shtml

Genel Energy receives further $8 million from Kurdistan Regional Government

Genel Energy plc notes the announcement from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received

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Genel Energy-3

Genel Energy plc notes the announcement from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a gross payment of $30 million for oil exported through the Kurdistan Region of Iraq-Turkey pipeline. Genel's share of the Tawke gross payment is $8 million.

Taken with the Taq Taq export payment announced on 8 September 2015, Genel's total September 2015 export payment is $24.5 million

Tags: Genel Energy