Payment | Egypt Oil & Gas
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 and th...
MoP Considers New Natural Gas Billing Systems
Minister of Petroleum and Mineral Resources, Tarek El Molla, said that several alternatives systems for paying natural gas consumption bills are on the table, indicating that the new systems will rely on digitalizati...
Egypt Pays $35 M to Dana Gas
Egypt has paid an additional $35 million to Dana Gas as a part of its overdue, the company announced. Dana Gas further received $9.3 million from the sale of 157,350 barrels of condensates from Egypt’s El Wasata...
Egypt Pays $450 M for Fuel Monthly Imports
Egypt pays around $450 million per month for fuel imports in order to cover local demand, an official source at the Egyptian General Petroleum Corporation (EGPC) told Amwal Al Ghad. Benzene, diesel and butane are the ...
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, the company announced in a press release. The company’s average production in Egypt has declined ...
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, official sources at the ministry told Amwal Al Ghad. The Eg... Egypt Repays $40M to Dana Gas
Dana Gas has announced receiving $40 million in payments from the Egyptian government, Egypt Oil & Gas reports. The Emirati gas company has now received a total of $88.8 million in debt repayments so far in 2018. ...
Rockhopper Declares Situation in Egypt to be Improving
Rockhopper Exploration Plc announced that production levels from its Egyptian asset improved as oil prices rose. Net output from Rockhopper’s Abu Sennan concession has been standing at 880 barrels per day (b/d) of oil... 
