Receipt of payment for KRI oil exports
21 March 2018 Genel Energy plc Receipt of payment for KRI oil exports Genel Energy plc ('Genel') announces that the Taq Taq partners have received a gross payment of $9.23 million from the Kurdistan Regional Government ('KRG') for oil sales during December 2017. This payment includes a downwards adjustment of $1.54 million, reconciling previous payments with PSC entitlement for the months of August to December 2017. Genel's net share of the payment is $5.08 million. -ends- For further information, please contact: Genel Energy +44 20 7659 5100