arrears | Egypt Oil & Gas - Part 2

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.

Egypt to Pay $250 M Arrears to IOCs in March

The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018.

Egypt Pays $200 M in IOC Arrears, to Pay Additional $550 M by March

Egypt paied $200 million out of total $2.4 billion in arrears owed to foreign oil companies in January.

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