Gulf Keystone Petroleum announces Shaikan Payment Update
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Gulf Keystone Petroleum has given an update on its receipt of the Shaiken payment
Further to the company's announcement of 27 June 2016, Gulf Keystone confirms today that a further gross payment of US$7.0 million has been received from the Kurdistan Regional Government for Shaikan crude oil exports in May 2016, bringing the total payment received to date to US$15.0 million gross.
This is the second instalment of the invoiced amount for May 2016 with the balance expected to be paid shortly.
A further announcement will be made in due course.
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/29062016/gulf-keystone-petroleum-announces-shaikan-payment-update/
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