EGAS Funded by 9 Banks

• Thursday, 20th April 2017
• by Sarah Samir

The Egyptian Natural Gas Holding Company (EGAS) will borrow a loan worth EGP 1.8b from nine Egyptian and Arab banks.

Egypt Owes $3.6b in Oil, Gas Arrears

• Thursday, 17th November 2016
• by Sarah Samir

Egypt owes $3.6b in backdated arrears to international oil companies (IOC), as the country plans to drill 12 new wells during 2017.