Dana Gas PJSC has received around $48 million from its operations in Egypt in June 2019; of which $38 million from the Egyptian government and the remaining $10 million from selling the second El Wastani condensat ...
Minister of Petroleum and Mineral Resources Tarek El-Molla revealed that Egypt has successfully decreased foreign partners' arrears by more than 80% between 2012 and 2018.
The Egyptian Electricity Holding Company (EEHC) received EGP 6.1 billion in arrears from authorities and governmental institutions during February.
Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.
Dana Gas has announced receiving arrears equivalent to $20 million in Egyptian pounds from the Egyptian government.
The Egyptian government's perseverance with paying receivables to international oil companies (IOCs) will help the country to attract further investments, Chairman of the Egyptian Petrochemical Holding Company, Sa ...
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas.
The Egyptian Ministry of Petroleum plans to settle total arrears for international oil companies (IOCs), which have reached $1.2 billion, by the end of 2019.
Dana Gas will delay making new investments in Egypt's oil and gas sector due to unpaid arrears.
The Egyptian Ministry of Finance approved issuing local currency guarantees for two loans to help the Egyptian General Petroleum Corporation (EGPC) repay debts owed to international oil companies (IOCs).
