Genel Energy confirms payment for Kurdish crude oil exports as regional government considers referendum for formal statehood. Photo courtesy of Genel Energy. LONDON, Feb. 5 (UPI) — With formal statehood under consideration, the Kurdish government continues to make its regular payments for crude oil exports, Genel Energy said. Genel, which has headquarters in London, said it and its partners at the Taq Taq field in the Kurdish north of Iraq received a gross payment of $16.3 million from the semiautonomous Kurdistan Regional Government for oil exported through a pipeline through Turkey. The KRG started independent oil sales in June, averaging earnings of around $682 million per month. Total preliminary crude oil production from the Kurdish north for November, the last full month for which data are available, was estimated at 19 million barrels. Payments have totaled nearly $100 million for Genel. For the year , the company expects revenue […]