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​Ministry of Petroleum and Mineral Resources

Egypt to settle $1B in energy arrears next month, full repayment by year-end

This will be followed by a complete settlement of all outstanding dues to foreign energy firms operating in Egypt by the end of the year.

Egypt pays new $1B in dues to foreign oil companies

Egypt’s daily natural gas needs amount to 6.2 billion cubic feet, while current production stands at around 4.6 billion cubic feet per day.