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IN BRIEF: Genel Energy receives USD37.9 million for oil sales from KRG

11th Mar 2022 11:51

Genel Energy PLC - London-based oil company focused on the Kurdistan region - Receives a USD37.9 million payment from the Kurdistan Regional Government for oil sales during November. Notes that the KRG now owes the company USD111 million for oil sales from November 2019 to February 2020 and a suspended override from March to December 2020.

Current stock price: 157.40 pence, up 4.2%

12-month change: down 18%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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