Genel Energy Receives Payments for KRI Oil Sales

Source: www.gulfoilandgas.com 12/14/2021, Location: Middle East

Genel Energy plc ('Genel' or ‘the Company’) announces that payments have been received from the Kurdistan Regional Government (‘KRG’) relating to oil sales during September 2021.

Following the receipt of the receivable recovery payment, Genel is now owed $124 million from the KRG for oil sales from November 2019 to February 2020 and the suspended override from March to December 2020.


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