debt payments

  • Nigeria Reaches $5.1b Debt Deal with Oil Majors

    Nigeria Reaches $5.1b Debt Deal with Oil Majors

    Thursday, 24th November 2016
    Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.
  • Egypt Paid $5.4b in Oil, Gas Arrears

    Egypt Paid $5.4b in Oil, Gas Arrears

    Monday, 29th August 2016
    The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry has paid off an amount of $5.4b to cover all arrears for the fiscal year 2015/2016 in regard to purchases of equity crude oil and natural gas from foreign contractors.
  • EGPC Says Fuel Crisis is Over, Dues Paid on Schedule

    EGPC Says Fuel Crisis is Over, Dues Paid on Schedule

    Monday, 21st September 2015
    In an exclusive statements made to Egypt Oil & Gas (EOG), EGPC Vice Executive Chairman for Operations, Amr Mustafa confirmed that the fuel crisis had come to an end in all provinces.