{"id":646285,"date":"2017-06-11T04:13:44","date_gmt":"2017-06-11T04:13:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/"},"modified":"2017-06-11T04:13:44","modified_gmt":"2017-06-11T04:13:44","slug":"arrears-to-iocs-brought-down-to-usd-2-3-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/","title":{"rendered":"Arrears to IOCs brought down to USD 2.3 bn"},"content":{"rendered":"

Egypt has brought down arrears owed to IOCs to USD 2.3 bn, the Oil Ministry said, according to Reuters<\/a>. The Ministry said it repaid USD 2.2 bn in the past three weeks. Egypt has pledged to eliminate all arrears owed to IOCs by the end of June 2019, Reuters notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt has brought down arrears owed to IOCs to USD 2.3 bn, the Oil Ministry said, according to Reuters. The Ministry said it repaid USD 2.2 bn in the past three weeks. Egypt has pledged to eliminate all arrears owed to IOCs by the end of June 2019, Reuters notes.<\/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-646285","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fd1a1a62-1629-4967-9296-6f16cd9f60ea","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646255],"teaser":"","voice_url":""},"yoast_head":"\nArrears to IOCs brought down to USD 2.3 bn - 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\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arrears to IOCs brought down to USD 2.3 bn\" \/>\n<meta property=\"og:description\" content=\"Egypt has brought down arrears owed to IOCs to USD 2.3 bn, the Oil Ministry said, according to Reuters. The Ministry said it repaid USD 2.2 bn in the past three weeks. Egypt has pledged to eliminate all arrears owed to IOCs by the end of June 2019, Reuters notes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-11T04:13:44+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\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Arrears to IOCs brought down to USD 2.3 bn\",\"datePublished\":\"2017-06-11T04:13:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\"},\"wordCount\":55,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\",\"name\":\"Arrears to IOCs brought down to USD 2.3 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-06-11T04:13:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arrears to IOCs brought down to USD 2.3 bn\"}]},{\"@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":"Arrears to IOCs brought down to USD 2.3 bn - 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\/06\/11\/arrears-to-iocs-brought-down-to-usd-2-3-bn\/","og_locale":"en_US","og_type":"article","og_title":"Arrears to IOCs brought down to USD 2.3 bn","og_description":"Egypt has brought down arrears owed to IOCs to USD 2.3 bn, the Oil Ministry said, according to Reuters. 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El Molla had said in June that arrears to IOCs were reduced to USD 2.3 bn, a sign of confidence for investors.\u2026","rel":"","context":"In "Energy"","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":646285,"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 "Energy"","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":641245,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/","url_meta":{"origin":646285,"position":3},"title":"IOCs raise investments in Egypt to USD 10 bn this year - El Molla","author":"enterpriseam admin","date":"17 September 2017","format":false,"excerpt":"International oil companies have raised their investments in Egypt to USD 10 bn this year on the back of payments the government have been making to arrears it owes them, Oil Minister Tarek El Molla tells Al Borsa on Saturday. 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