Genel Energy Receives Payments for KRI Oil Sales

Source: www.gulfoilandgas.com 6/6/2022, Location: Middle East

All payments from the Kurdistan Regional Government ('KRG') for oil shipments in February 2022 have already been received, according to Genel Energy plc. Genel is currently owed $82 million by the KRG for oil sales from November 2019 to February 2020, as well as the suspended override from March to December 2020, after receiving the receivable recovery payment.


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