Genel Energy rises on resuming oil exports from Kurdistan

Genel Energy

12/11/2025 08:22

** Oil and gas exploration and production company Genel Energy GENL.L rises 1.5% to 62p

** Co confirms that all oil production from Kurdistan now flowing through export pipeline and being sold at Ceyhan

** Expects ~$3 million in insurance payments by year-end for production losses from drone strikes earlier this year that disrupted Tawke, Peshkabir operations in Kurdistan

** Gross production back to ~80,000 bopd, matching first-half levels before drone strike disruptions

** YTD, GENL falls 7.42%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))