Egypt Payments to Foreign Energy Firms hit $9.4bn as of End-March

By Yomna Yasser On Apr 2, 2015

Egypt has paid foreign energy firms US$9.369 billion in accumulated arrears in the nine months to March 31, an oil ministry spokesman told Reuters on Thursday.

The government still owed foreign oil and gas companies $3.285 billion as of the end of March, the spokesman said.

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