It follows a new gross payment of $16.3 million to the Anglo-Turkish operator and field partner DNO plus an additional $3.2 million, equivalent to 5% of gross monthly netback revenue, towards recovery of receivables that are owed Genel.

Based on its 55% interest in the field, Genel will therefore gain net payments of $9 million and $1.8 million for January exports based on the respective sums.

The