Genel Energy Receives Payments for KRI Oil Sales

Source: www.gulfoilandgas.com 3/11/2022, Location: Middle East

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

Following the receipt of the receivable recovery payment, Genel is now owed $111 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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