Pipeline Closure causes steep Revenue Fall at Genel Energy

Last Update: 2023-08-03 00:00:00 - Source: Iraq Business News

By John Lee. Revenues at Genel Energy have, as expected, fallen sharply as a result of the closure of the Iraq-Turkey Pipeline (ITP) which brings oil from Northern Iraq to Turkiye's port of Ceyhan. In its unaudited results for the period ended 30 June 2023, Paul Weir, Chief Executive of Genel, said: "The closure of […]

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