oil debts

Egypt seeking a US$1 billion loan to repay oil debts before the end of 2014
Business

Egypt seeking a US$1 billion loan to repay oil debts before the end of 2014

The state-owned Egyptian General Petroleum Corporation (EGPC) is looking to borrow at least US$1 billion before the end of the…
Govt pays part of debt to foreign oil companies, awards new exploration concessions
Egypt

Govt pays part of debt to foreign oil companies, awards new exploration concessions

A senior official of the Finance Ministry, speaking on condition of anonymity, has said that the Petroleum Ministry agreed with…
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