Genel Energy Receives Payments for KRI Oil Sales

Source: www.gulfoilandgas.com 12/29/2020, Location: Middle East

Genel Energy plc has announced that payments have been received from the Kurdistan Regional Government for oil sales during November 2020.

The Taq Taq partners have received a gross payment of $3.8 million, with Genel's net share of the payment being $2.1 million.

The Tawke partners have received a gross payment of $38.5 million, with Genel's net share of the payment being $9.4 million.

Sales from Sarta will be included in invoices relating to December 2020 onwards.


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