Electricity Debts to Petroleum Sector Reach EGP 150 B
Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.
arrears | Egypt Oil & Gas - Part 2
Dana Gas Receives $20M Arrears from Egypt
Dana Gas has announced receiving arrears equivalent to $20 million in Egyptian pounds from the Egyptian government.
Paying Arrears to IOCs Attracts Investments: ECHEM Head
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 ...
Petroleum Sector to Repay $1B to IOCs Each Year
The Egyptian oil and gas sector plans to repay $1 billion each year to international oil companies (IOCs) that work in Egyptian concession areas.
Petroleum Ministry to Settle IOC Arrears by 2019 End
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 Delays New Investments in Egypt
Dana Gas will delay making new investments in Egypt's oil and gas sector due to unpaid arrears.
EGPC to Borrow $850M to Repay IOC Debts
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).
Egypt to Repay $850M to IOCs
Egypt will repay $850 million in arrears to international oil companies (IOCs) operating in Egypt.
Egypt to Pay $200M in Arrears to IOCs
The Ministry of Petroleum and Mineral Resources will repay debts of $200 million to international oil companies in June 2018.
Aviation Ministry’s Arrears for Petroleum Ministry Hike to EGP 7 B
The Egyptian Ministry of Civil Aviation's indebtedness to the Ministry of Petroleum increased to EGP 7 billion by the end of 2017.
