The gross sum will be shared out among the Anglo-Turkish operator and its field partners, with Genel to receive a net payment of $16.5 million for exports via the region’s pipeline to the Turkish port of Ceyhan, the London-listed company said in a statement.
“This payment is confirmation of the KRG's commitment… to pay contractors for oil exports, and we look forward to the normalisation of oil export payments in coming months,” said chief executive Murat Ozgul.
“Regular
