Egypt Energy Debts Reach EGP 800B

• Tuesday, 8th May 2018
• by Sarah Samir

Debts owed by the Egyptian energy sector have reached around EGP 800 billion, the Egyptian Minister of Finance, Amr El Garhy, has said, according to Amwal Al Ghad. El Garhy pointed out that new hydrocarbon discoveries...

Egypt says preparing timetable for energy debts

• Tuesday, 3rd September 2013
• by Egypt Oil & Gas

Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies to encourage them to continue investing in the country, the Petroleum Ministry said on Sunday. Egypt owes at least $5 billi...