9th Sep 2015 06:55
LONDON (Alliance News) - Genel Energy PLC on Wednesday said the operator of the Tawke field in the Kurdistan region of Iraq has received a gross oil export payment of USD30.0 million.
Genel's shares of the funds, paid for oil exported through the Iraq-Turkey pipeline, is USD8.0 million.
In addition to the payment it received on Tuesday related to the Taq Taq Field from the Kurdistan regional government, the company has now received USD24.5 million in payments from its Iraqi operations.
By Sam Unsted; [email protected]; @SamUAtAlliance
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