The cash sum, of which $12 million will be net to the London-listed company, will be the first to be received under the KRG’s revised payments regime whereby regional producers will be compensated for contractual entitlements as well as outstanding dues for past exports.
Gulf Keystone said in a statement the total payment includes $5.8 million for January exports via an independent pipeline to the Turkish port of Ceyhan and an additional $9.2
