Genel Energy receives $11.5m in payments for KRI oil sales in November

29th Dec 2020 07:53

(Sharecast News) - Genel Energy said on Tuesday that it had received payments from the Kurdistan Regional Government for oil sales in November.

The Taq Taq partners have received a gross payment of $3.8m, with Genel's net share of the payment being $2.1m. Meanwhile, the Tawke partners have received a gross payment of $38.5m, with Genel's net share being $9.4m.

Genel said sales from the Sarta field will be included in invoices relating to December onwards.

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