{"id":601166,"date":"2019-02-20T03:45:19","date_gmt":"2019-02-20T03:45:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/"},"modified":"2019-02-20T03:45:19","modified_gmt":"2019-02-20T03:45:19","slug":"egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/","title":{"rendered":"Egypt pays USD 200 mn in arrears to international oil companies"},"content":{"rendered":"<p>Egypt paid USD 200 mn in arrears to international oil companies in December, bringing its total arrears down to USD 1 bn, <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/2\/19\/1517428\/%D9%85%D8%B3%D8%AA%D8%AD%D9%82%D8%A7%D8%AA-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-%D9%84%D8%AF%D9%89-%D9%85%D8%B5%D8%B1-%D8%AA%D9%86%D8%AE%D9%81%D8%B6-%D8%A5%D9%84%D9%89-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D8%AF%D9%8A%D8%B3%D9%85%D8%A8%D8%B1#sectionListing\">Masrawy reported<\/a>. It is unknown which companies received payment from the government. The ministry said last year that it <a href=\"http:\/\/www.petroleum.gov.eg\/ar\/MediaCenter\/LocalNews\/Pages\/mop_05072018_01.aspx\">expects to pay its arrears<\/a> in full by the end of 2019. The government has been working over the past few years to pay down its arrears bill, which reached USD 6.3 bn following the 2011 revolution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt paid USD 200 mn in arrears to international oil companies in December, bringing its total arrears down to USD 1 bn, Masrawy reported. It is unknown which companies received payment from the government. The ministry said last year that it expects to pay its arrears in full by the end of 2019. The government [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[7106,93,72,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601166","post","type-post","status-publish","format-standard","hentry","category-energy","tag-debt","tag-energy","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"613ba1fe-c560-4c39-95a9-7c8ff56fe5c3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601137],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt pays USD 200 mn in arrears to international oil companies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt pays USD 200 mn in arrears to international oil companies\" \/>\n<meta property=\"og:description\" content=\"Egypt paid USD 200 mn in arrears to international oil companies in December, bringing its total arrears down to USD 1 bn, Masrawy reported. It is unknown which companies received payment from the government. The ministry said last year that it expects to pay its arrears in full by the end of 2019. The government [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-20T03:45:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt pays USD 200 mn in arrears to international oil companies\",\"datePublished\":\"2019-02-20T03:45:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"energy\",\"EnterpriseAM\",\"oil and gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypt-pays-usd-200-mn-in-arrears-to-international-oil-companies\/\",\"name\":\"Egypt pays USD 200 mn in arrears to international oil companies - 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Egypt\u2019s arrears bill ballooned to USD 6.3 bn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596965,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/arrears-owed-by-egypt-to-iocs-fall-to-usd-900-mn\/","url_meta":{"origin":601166,"position":1},"title":"Arrears owed by Egypt to IOCs fall to USD 900 mn","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"Arrears to IOCs fall to USD 900 mn, on track to be cleared by the end of the year: Arrears owed by Egypt to international oil companies have fallen to USD 900 mn as of the end of June, down from USD 1.2 bn a year ago, Oil Minister Tarek\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626471,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/egypt-plans-to-pay-usd-200-500-mn-in-arrears-to-oil-producers-by-end-september-will-small-players-get-any-of-it\/","url_meta":{"origin":601166,"position":2},"title":"Egypt plans to pay USD 200-500 mn in arrears to oil producers by end-September. Will small players get any of it?","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"Egypt to pay USD 200-500 mn in arrears to oil companies by the end of September: EGPC plans on paying USD 200-500 mn in arrears to oil producers by the end of September, EGPC sources say. EGPC is in talks with the government to arrange the financing, according to the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596549,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/egypt-pays-dana-gas-usd-38-mn-in-owed-arrears\/","url_meta":{"origin":601166,"position":3},"title":"Egypt pays Dana Gas USD 38 mn in owed arrears","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"Egypt has paid Dana Gas USD 38 mn in overdue arrears in June, the company said yesterday. The Emirati company\u2019s total revenues from its month\u2019s operations in Egypt reached USD 48 mn as it has also made USD 10 mn from selling natural gas condensate. Dana Gas received a total\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-pays-dana-gas-usd-35-mn-in-arrears\/","url_meta":{"origin":601166,"position":4},"title":"Egypt pays Dana Gas USD 35 mn in arrears","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Egypt paid UAE\u2019s Dana Gas USD 35 mn in arrears on Saturday, bringing total receipts to USD 199 mn, according to a company press release. Dana Gas also received an additional USD 9.3 mn from condensate sales. 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