Payment | Egypt Oil & Gas

Strategic Cooperation Between Modern Gas, Contact CrediTech to Facilitate Payment of Natural Gas Delivery Costs

Modern Gas Company alongside with Contact CrediTech has announced the signature of a strategic cooperation protocol aiming at providing financial services and facilities for the payment of the natural gas deliveri ...

Eni Opens Two Accounts at Gazprom Bank

As deadlines for the payment of gas supplies are scheduled for the next few days, Eni announced the start of the process of opening two K current accounts at Gazprom Bank, on a precautionary basis (one in euros an ...

MoP Considers New Natural Gas Billing Systems

Minister of Petroleum and Mineral Resources, Tarek El Molla, has showcased several alternatives for paying natural gas consumption which rely on the digitalization to over accumulation of consumption rates and fac ...

Egypt Pays $35 M to Dana Gas

Egypt has paid an additional $35 million to Dana Gas as a part of its overdue.

Egypt Pays $450 M for Fuel Monthly Imports

Benzene, diesel and butane are the most imported petroleum products.

Petroleum Ministry Pays $111M in Arrears to Dana Gas

Emirate company Dana Gas has announced receiving $111 million of arrears from the Egyptian Ministry of Petroleum.

Petroleum Ministry to Settle IOC Arrears by 2019 End

The Egyptian Ministry of Petroleum plans to settle total arrears for international oil companies (IOCs), which have reached $1.2 billion, by the end of 2019.

Egypt Repays $40M to Dana Gas

Dana Gas has announced receiving $40 million from the Egyptian government.

Rockhopper Declares Situation in Egypt to be Improving

Rockhopper Exploration Plc announced that production levels from its Egyptian asset improved as oil prices rose.

Egypt Pays $40m in Dues to Dana Gas

Dana Gas received a $40m payment as part of its outstanding receivables from Egypt.

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