Petroleum Sector Exempts Industrial Sector of EGP 5.3 B in Debts

• Wednesday, 17th June 2020
• by Editorial Team

The Ministry of Petroleum and Mineral Resources exempted natural gas’ industrial consumers from EGP 5.3 billion in owed-debt, according to a press release. The decision is followed by several procedures to be applied ...

Cabinet Waives EGP 5.3 B of Natural Gas Arrears

• Thursday, 4th June 2020
• by Editorial Team

The Cabinet waived EGP 5.3 billion worth of natural gas arrears owed by factories in support of local industries and preserving investments, according to a statement. The Cabinet approved the proposal submitted by the...