arrears | Egypt Oil & Gas - Part 4
Egypt Owes EGP 121b to EGPC
The dues owed by governmental agencies to the Egyptian General Petroleum Corporation amounted to EGP 121b at the end of 2015/2016. Ministry of Petroleum Arrears Down by $2.8b
El Molla said that the ministry has successfully reduced its arrears for the IOCs with $2.8b in the last three years.
Egypt to Repay Half IOCs Arrears
Egypt will repay half of its dues to international oil company during 2017.
Egypt’s Electricity Ministry to Pay EGP 700m of Fuel Arrears
Egypt's Ministry of Electricity is set to pay EGP700m to the Ministry of Petroleum and Mineral Resources.
Dana Gas to Freeze Investments
Dana Gas confirms freezing investments in Egypt over unpaid arrears of $265m. Egypt Paid $650m to Eni
Egypt paid $630m in financial obligation to Italian oil and gas company Eni in January to develop the giant Zohr field off the Mediterranean coast. Egypt Reduced Oil, Gas Arrears to $3.5b
Egypt's arrears to international oil companies (IOC) decreased from $3.6b in September to reach $3.5b by the end of December 2016.
Egypt Seeks $30b in Oil, Gas Investments
Egypt seeks $30b in foreign investments within the next three years. 
