Banking Consortium
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Banking Consortium Offers EGP 10B Loan to EGPC
Thursday, 22nd November 2018
A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.
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International Banking Consortium Lends EGPC $1B
Wednesday, 17th October 2018
The Egyptian General Petroleum Corporation (EGPC) has signed the final contract for a $1 billion loan with a consortium consisting of 13 international and Arab financial institutions.
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HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited
Monday, 8th October 2018
HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for Petroleum Export Limited, which is a subsidiary of the Egyptian General Petroleum Corporation (EGPC).
Latest News
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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El Molla Inspects Progress of New Alamein Pipeline Project
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021