international oil companies (IOC)

  • Petroleum Arrears Fall by 5.5% in June

    Petroleum Arrears Fall by 5.5% in June

    Tuesday, 4th August 2020

    Egypt’s arrears to international oil companies (IOC) fell by 5.5% to $850 million at the end of June, down from $900 million in 2019, the Minister of Petroleum and Mineral Resources Tarek El Molla told Reuters.