2 Days
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بوابة الشروق
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Petroleum Minister on Dues Clearance
The Egyptian Minister of Petroleum announced that the government has managed to settle all overdue payments to its partners in oil and gas production, reaching zero for the first time in years after it stood at approximately $6.1 billion in June 2024. He emphasized that this achievement reflects a strategic shift in Egypt's energy sector, boosting confidence and investment, and paving the way for increased production and faster implementation of developmental projects, especially in drilling and development.
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