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Genel Energy gets $30 million payment from Kurdistan Regional Government


Published Jan 6, 2016
Genel Energy-4

Genel Energy says that the Taq Taq field partners have received a gross payment of $30 million from the Kurdistan Regional Governmentfor oil exported through the Kurdistan Region of Iraq-Turkey pipeline.

This represents the fourth export payment by the KRG since payments recommenced in September 2015. Genel's share of the gross Taq Taq payment is $16.5 million.

Tags: Genel Energy




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