Oil and Gas Purchases
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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.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 61.92 | -1.20% |
Crude Oil (Brent) Brent | USD/bbl | 65.83 | -1.11% |
NYMEX Natural Gas | USD/MMBtu | 2.72 | -0.37% |
OPEC Basket Price | USD/bbl | 65.10 | -0.17% |
Last Modified April 21, 2021