The Kurdistan Regional Government has paid Genel Energy and its partners $30million for oil sales during June 2016.
The cash was paid against a debt of $38.42million for Tawke field.
“This figure incorporates $32.21million towards contractor monthly entitlement and $6.19million towards recovery of historical receivable,” a Genel spokesperson said.
The cash will be split with DNO.
Tawke production in June averaged 114,384 bopd, of which 113,601 bopd were earmarked for export.
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