British energy company Genel Energy became the latest company working in the Kurdish north of Iraq to announce government payments for exports. Genel, which operates in the Taq Taq oil field in northern Iraq, announced it received a $16.5 million payment from the Kurdish government for exports through a pipeline running north to Turkey. The Kurdish government in Iraq in early August announced it would allocate some of its revenue to international oil companies on a monthly basis to help cover their expenses. The Kurdish north hosts some of the larger oil fields in Iraq and while the Kurdish government said crude oil exports are its principle source of revenue, it said it recognized energy companies operating in the region […]