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Kurdistan Regional Government (KRG) Pays out US$40 Million to International Oil Companies

In a statement, the company added that this amount is its share according to the agreement with Genel Energy oil company.

Arbil/ Iraq TradeLink: Norwegian DNO company announced receiving $41.4 million from the Kurdish government for its oil exports from Taoki oilfields during February, 2017.

In a statement, the company added that this amount is its share according to the agreement with Genel Energy oil company.

It added that 34.73  million dollars were its monthly allocations and 6.68 million dollars were previous debts.

No other details were given.
Source: Iraq TradeLink

 

 

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