dues

  • NREA Collects EGP 300 MM Dues from Government

    NREA Collects EGP 300 MM Dues from Government

    Monday, 11th November 2019

    The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, asserted during the National Renewable Energy Authority's (NREA) meeting that the electricity sector is keen on boosting renewable energy by increasing the availability of stations and increasing unit efficiency.

  • Petroleum Ministry Settles $2.2b to IOCs

    Petroleum Ministry Settles $2.2b to IOCs

    Thursday, 8th June 2017
    The Egyptian Ministry of Petroleum has paid total $2.2b to IOCs in 3 weeks.
  • Egypt Pays $40m in Dues to Dana Gas

    Egypt Pays $40m in Dues to Dana Gas

    Thursday, 8th June 2017
    Dana Gas received a $40m payment as part of its outstanding receivables from Egypt.
  • Egypt Owes EGP 121b to EGPC

    Egypt Owes EGP 121b to EGPC

    Wednesday, 26th April 2017
    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

    Ministry of Petroleum Arrears Down by $2.8b

    Wednesday, 12th April 2017
    El Molla said that the ministry has successfully reduced its arrears for the IOCs with $2.8b in the last three years.
  • Egypt to Reschedule Factories’ Petroleum Dues

    Egypt to Reschedule Factories’ Petroleum Dues

    Sunday, 19th February 2017
    The Egyptian Natural Gas Holding Company (EGAS) will hold a meeting with factories with late dues in order to reschedule payments.
  • ERC to Payoff Mostorod Loans in 2018

    ERC to Payoff Mostorod Loans in 2018

    Wednesday, 19th October 2016
    The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.
  • Egypt to Settle Power Plants’ Gas Bill

    Egypt to Settle Power Plants’ Gas Bill

    Tuesday, 18th October 2016
    Starting January 2017, the Ministry of Electricity plans on settling it's outstanding dues of EGP 60b for gas purchases used in fueling power stations.
  • Egypt Owes EGP 200b to EGPC

    Egypt Owes EGP 200b to EGPC

    Monday, 10th October 2016
    The Egyptian General Petroleum Corporation (EGPC) has EGP 200b unpaid dues from government ministries and state-owned institutions for providing them with petroleum products and derivatives.
  • Shell Cut Burullus, Rasheed Investments

    Shell Cut Burullus, Rasheed Investments

    Sunday, 9th October 2016
    Royal Dutch Shell reduced its investments in Burullus and Rasheed gas fields to $158.9m for maintenance and operating expenses over the current fiscal year.