Financials and Investment News in Iraq

Genel Energy Receives Payments for KRI Oil Sales
6/29/2021 - Genel Energy plc has announced that payments have been received from the Kurdistan Regional Government ('KRG') relating to oil sales during April 2021.

Genel has also received both outstand...
Basrah Gas Company Signs Loan Agreement with International Finance Corporation
6/29/2021 - Basrah Gas Company (BGC) and International Finance Corporation (IFC) announced the signing of US$360 million, five-year loan agreement, that aligns with the Government of Iraq’s vision to maximise uti...
Gulf Keystone Provides Shaikan Payment Update
6/28/2021 - Gulf Keystone confirms that a gross payment of $35.1 million ( $27.4 million net to GKP) has been received from the Kurdistan Regional Government ("KRG").

The payment includes gross $2...
Genel Energy Receives Payments for KRI Oil Sales
5/26/2021 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government ('KRG') for its entitlement for oil sales during March 2021.

As announced on 13 May, Genel...
Gulf Keystone Provides Shaikan Payment Update
5/20/2021 - Gulf Keystone confirms that a gross payment of $28.1 million ($22.0 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during March 2021.<...
DNO Reports KRG Payments, Ramps Up Production
4/13/2021 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 54.0 million net to the Company from the Kurdistan Regional Government (KRG), of which USD 35.2 million represents DNO’s enti...
Genel Energy Receives Payment for Shaikan Oil Sales
4/12/2021 - Gulf Keystone confirms that a gross payment of $29.4 million ($23.0 million net to GKP) has been received from the Kurdistan Regional Government ('KRG'). The payment is comprised of gross $22.3 millio...
Genel Receives Payments for KRI Oil Sales
3/10/2021 - Genel Energy has announced that payments have been received from the Kurdistan Regional Government for oil sales during January 2021.

Under the Tawke override payment mechanism, Genel rece...
Gulf Keystone Provides Shaikan Payment Update
3/8/2021 - Gulf Keystone confirms that a gross payment of $25.2 million ($19.8 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $21.9 millio...
Genel Energy Receives Payments for KRI Oil Sales
1/28/2021 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during December 2020.

The Tawke partners have received a gross payment of...
Gulf Keystone Provides Shaikan Payment Update
1/26/2021 - Gulf Keystone confirms that a gross payment of $18.0 million ($14.1 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during December 202...
Gulf Keystone Provides Shaikan Payment Update
12/29/2020 - Gulf Keystone confirms that a gross payment of $10.9 million ($8.6 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during November 2020...
Genel Energy Receives Payments for KRI Oil Sales
12/29/2020 - Genel Energy plc has announced that payments have been received from the Kurdistan Regional Government for oil sales during November 2020.

The Taq Taq partners have received a gross paym...
ShaMaran Atrush August Payment Received
9/28/2020 - ShaMaran Petroleum Corp. has provided the following update to stakeholders.

The Company confirms that a payment of $20 million ($6.8 million net to the Company) has been received from th...
Genel Energy Receives Payments for KRI Oil Sales
9/25/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during August 2020.

The Taq Taq partners have received a gross payment ...
Receipt of Payments for KRI Oil Sales
9/1/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during July 2020.

The Taq Taq partners have received a gross payment of $...
Gulf Keystone Provides Shaikan Payment Update
7/28/2020 - Gulf Keystone confirms that a gross payment of $9.6 million ($7.6 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during June 2020.
Genel Energy Receives Payments for KRI Oil Sales
7/28/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during June 2020.

The Taq Taq partners have received a gross payment of $...
ShaMaran Announces Interest Payment
7/2/2020 - ShaMaran Petroleum Corp. provides the following announcement to stakeholders in connection with the Company’s news release dated July 1, 2020 and regarding the Bondholders of the Company’s 12% senio...
Gulf Keystone Provides Report on Payments to Governments for 2019
6/30/2020 - Gulf Keystone Petroleum Ltd. Provides Report on Payments to Governments for 2019. This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary und...

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