Newsletter subscribe
Tag: Petroleum

EGPC paid $6.2 billion in arrears to IOCs during FY 2016/17

Posted: September 24, 2017 at 6:53 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) paid $6.2 billion to foreign companies in arrears during the fiscal year (FY) 2016/2017, which in turn prompted companies to accelerate their activities in the oil and gas fields, EGPC Chairman Abed Ezz el-Regal said Thursday. He added that EGPC paid a total amount of $19.3 billion and LE […]

No Comments read more