{"id":642318,"date":"2017-08-10T03:48:46","date_gmt":"2017-08-10T03:48:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/"},"modified":"2017-08-10T03:48:46","modified_gmt":"2017-08-10T03:48:46","slug":"investment-by-iocs-up-to-usd-8-1-bn-el-molla","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/","title":{"rendered":"Investment by IOCs up to USD 8.1 bn -El Molla"},"content":{"rendered":"<p>International oil companies\u2019 investments in Egypt increased to USD 8.1 bn in FY 2016-17 from USD 6.6 bn a year earlier, Oil Minister Tarek El Molla <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1KV1AQ\">told Reuters<\/a>. El Molla had said in June that arrears to IOCs were reduced to USD 2.3 bn, a sign of confidence for investors. Egypt is planning on repaying all its arrears by June 2019 and not accumulating any more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International oil companies\u2019 investments in Egypt increased to USD 8.1 bn in FY 2016-17 from USD 6.6 bn a year earlier, Oil Minister Tarek El Molla told Reuters. El Molla had said in June that arrears to IOCs were reduced to USD 2.3 bn, a sign of confidence for investors. Egypt is planning on repaying [&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":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642318","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"cd412ed8-110f-40a8-b679-f3d81a048983","order":"0","is_powered_by":true,"section_story_id":"30919da5-87b6-4dfc-982f-9c55bbaeb2be","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642291],"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>Investment by IOCs up to USD 8.1 bn -El Molla - 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\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investment by IOCs up to USD 8.1 bn -El Molla\" \/>\n<meta property=\"og:description\" content=\"International oil companies\u2019 investments in Egypt increased to USD 8.1 bn in FY 2016-17 from USD 6.6 bn a year earlier, Oil Minister Tarek El Molla told Reuters. El Molla had said in June that arrears to IOCs were reduced to USD 2.3 bn, a sign of confidence for investors. Egypt is planning on repaying [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-10T03:48:46+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\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Investment by IOCs up to USD 8.1 bn -El Molla\",\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\"},\"wordCount\":71,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\",\"name\":\"Investment by IOCs up to USD 8.1 bn -El Molla - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investment by IOCs up to USD 8.1 bn -El Molla\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Investment by IOCs up to USD 8.1 bn -El Molla - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/investment-by-iocs-up-to-usd-8-1-bn-el-molla\/","og_locale":"en_US","og_type":"article","og_title":"Investment by IOCs up to USD 8.1 bn -El Molla","og_description":"International oil companies\u2019 investments in Egypt increased to USD 8.1 bn in FY 2016-17 from USD 6.6 bn a year earlier, Oil Minister Tarek El Molla told Reuters. 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Arrears had fallen to USD 2.3 bn, the lowest it\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":638864,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/government-to-repay-more-of-its-arrears-to-iocs-before-end-of-2017\/","url_meta":{"origin":642318,"position":2},"title":"Government to repay more of its arrears to IOCs before end of 2017","author":"enterpriseam admin","date":"16 October 2017","format":false,"excerpt":"The government is planning to repay a portion of its arrears to international oil companies before the end of 2017, especially as they have been expanding their investments in the country, Prime Minister Sherif Ismail told the press on Sunday, Al Mal reports. IOCs had raised investments in Egypt to\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":652495,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/11\/word-bank-aid-will-be-used-in-part-to-pay-off-arrears-to-iocs\/","url_meta":{"origin":642318,"position":3},"title":"Word Bank aid will be used in part to pay off arrears to IOCs","author":"enterpriseam admin","date":"11 January 2017","format":false,"excerpt":"The government will pay arrears to international oil companies in part through the second tranche of the USD 3 bn World Bank development loan, an Oil Ministry official tells Al Shorouk. Arrears owed currently stand at USD 3.5 bn as December, Oil Minister Tarek El Molla had previously stated. This\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":652256,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/ioc-receivables-down-to-egp-3-5-bn-by-2016s-end-el-molla\/","url_meta":{"origin":642318,"position":4},"title":"IOC receivables down to EGP 3.5 bn by 2016\u2019s end -El Molla","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"Receivables due from EGPC to IOCs have dropped to USD 3.5 bn in 2016\u2019s end, down from USD 3.6 bn at the end of September, Oil Minister Tarek El Molla said. 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This will likely increase, as the ministry plans to issue exploration tenders,\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=642318"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642318\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642291"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642318"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642318"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}