KRG to Resume Override Payments to Genel
2020-12-13 00:00:00 - From: Iraq Business News
By John Lee. Genel Energy has received notice from the Kurdistan Regional Government ('KRG') that override payments, whereby Genel receives 4.5% of monthly Tawke gross field revenues, will resume with the January 2021 invoice, to be paid in February 2021. Assuming the prevailing oil price, this translates into over $5 million of additional cash proceeds […]
The post KRG to Resume Override Payments to Genel first appeared on Iraq Business News.
