Tawke field partners in the Kurdish Regional Government (KRG) received $47.23 million for February 2018 crude oil deliveries, Norway's DNO announced Thursday.
According to field partner DNO, the funds will be shared pro-rata by DNO and partner Genel Energy.
DNO said that separately, a payment of $4.51 million from the KRG had been received net to DNO, representing three percent of gross Tawke license revenues for February 2018, as per the recent receivables settlement agreement.
DNO operates and has a 75 percent interest in the Tawke license, which contains the Tawke and Peshkabir fields.
Genel's net share of the payment is $11.81 million, said Genel Energy in a statement.
By Huseyin Erdogan
Anadolu Agency
energy@aa.com.tr