02 January 2015, Cairo — Egypt has paid a new installment worth of $2.1 billion of the sum of money it owes foreign energy firms, bringing its total accumulated debt down to $3.1 billion, Petroleum Minister Sherif Ismail has revealed. Ismail added in a statement that Egypt also repaid $200 million of the Petroleum Authority’s […] More »
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Thursday, 1 January 2015
Egypt repays $2.1bn debt to foreign energy firms
02 January 2015, Cairo — Egypt has paid a new installment worth of $2.1 billion of the sum of money it owes foreign energy firms, bringing its total accumulated debt down to $3.1 billion, Petroleum Minister Sherif Ismail has revealed. Ismail added in a statement that Egypt also repaid $200 million of the Petroleum Authority’s […] More »
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