arrears | Egypt Oil & Gas - Part 3

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.

Egypt to Pay $750M toward Arrears

Egypt will pay $750 million toward its arrears to international oil companies (IOCs) by the end of 2017.

El Molla: Egypt Planning to Make Arrears Payment

Egypt will make another payment toward its arrears to international oil companies (IOCs) before the end of 2017.

Egypt to Clear Back Payments to IOCs Within 2 Years

If Egypt maintains its current payment rate, it will pay down its arrears to international oil companies (IOCs) within two years.

Egypt to Continue to Pay Down Arrears

Egypt will make another payment toward its arrears to international oil companies (IOCs) before the end of 2017

IOC Investments in Oil & Gas Rise to $10B

Investments in Egypt’s oil and gas sector by international oil companies (IOCs) rose to $10 billion during 2017.

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