Egypt fully settles US$ 6.1 billion in outstanding dues to foreign partners: Petroleum Minister
Egypt’s Petroleum Minister Karim Badawy confirmed the successful settlement of all overdue payments owed to investment partners involved in exploration, prospecting, and production activities—a total of approximately US$ 6.1 billion that had been outstanding for over two years. Speaking at the opening of the Mediterranean Petroleum Conference and Exhibition (MOC) 2026—held under the theme “Egypt:…
We haven't written up this one. Egypt Independent has the full story — the link below goes straight to it.
