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Gulf Keystone Petroleum Receives US$15 Million From Kurdistan Regional Government (KRG)

In a statement, the company disclosed reaching a final agreement with the Kurdish Natural Wealth Ministry on its oil payments for the period starting from May to December, 2016.

 Arbil/ Iraq TradeLink: Gulf Keystone Oil Company announced receiving 15 million dollars from the

Kurdish government t for its oil exports from Shikhan oilfield for December, 2016.


 
In a statement, the company disclosed reaching a final agreement with the Kurdish Natural Wealth Ministry on its oil payments for the period starting from May to December, 2016.

Shikhan oilfield lies 85 km to  the north-west of Arbil city, with a space of 283 square kilometers.


The work of the company in Kurdistan was started in 2007.

Source: Iraq TradeLink

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