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Egypt Will Make $750m Debt Payment to Oil Companies on June 1

Source: Reuters 5/16/2017, Location: Egypt

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Egypt will make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor Tarek Amer said on Tuesday. Egypt has outstanding dues of about $3.5 billion to international oil and gas companies. Amer said separately that Egypt has received $8 billion in investment from 150 global investment funds over the past six months.

Egypt >>  11/16/2017 - ADES International Holding Ltd. (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the M...
Egypt >>  11/15/2017 - ADES International Holding Ltd. (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the M...

Egypt >>  11/14/2017 - Russia’s largest oil producer Rosneft will invest more than $2 billion in Egypt’s Zohr gas field in the next four years, the company said in a present...
Egypt >>  11/14/2017 - Egyptian Oil Minister Tarek El Molla said initial negotiations have taken place with Saudi Arabian state oil company Aramco to refine oil in Egypt. ...

Egypt >>  11/13/2017 - The newly named MV Kobi Ruegg has joined Fugro’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea. ...
Egypt >>  11/11/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources signed a new upstream agreement in East Esh El Malaha area” Offshore Magawish” betwee...

Related Categories: Accounting, Statistics  Asset Portfolio Management  Economics/Financial Analysis  General  Investment Services  Risk Management 

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