{"id":652015,"date":"2017-02-27T04:19:45","date_gmt":"2017-02-27T04:19:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/govt-to-prioritize-payments-to-shell-bp-and-eni\/"},"modified":"2017-02-27T04:19:45","modified_gmt":"2017-02-27T04:19:45","slug":"govt-to-prioritize-payments-to-shell-bp-and-eni","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/govt-to-prioritize-payments-to-shell-bp-and-eni\/","title":{"rendered":"Gov\u2019t to prioritize payments to Shell, BP, and Eni"},"content":{"rendered":"<p><strong>Shell, BP, and Eni will be at the head of the queue for payments owed by the government<\/strong>, a source told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=323951\">Al Mal<\/a>. CBE Governor Tarek Amer had said he is coordinating with EGPC on USD 1.5 bn payment in arrears owed to international oil companies this year in his interview with DMC\u2019s Osama Kamal <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/26\/cbe-governor-tarek-amer-downplays-negative-impact-of-egp-float-touches-on-key-indicators-in-televised-interview\/\">on Friday<\/a>. The source added to Al Mal that the three IOCs at the head of the queue account for more than 60% of the total amounts owed by EGPC. The USD 1.5 bn will be made available to EGPC in instalments and will be contingent on stability in the exchange rate and there not being any \u201ccrises,\u201d the story claims.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shell, BP, and Eni will be at the head of the queue for payments owed by the government, a source told Al Mal. CBE Governor Tarek Amer had said he is coordinating with EGPC on USD 1.5 bn payment in arrears owed to international oil companies this year in his interview with DMC\u2019s Osama Kamal [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652015","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c4b6706d-ba2c-46c2-ba0d-fa136b5e8932","order":"0","is_powered_by":true,"section_story_id":"d14df9b4-60cf-4867-9efc-d172fa726744","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652005],"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>Gov\u2019t to prioritize payments to Shell, BP, and Eni - 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\/02\/27\/govt-to-prioritize-payments-to-shell-bp-and-eni\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t to prioritize payments to Shell, BP, and Eni\" \/>\n<meta property=\"og:description\" content=\"Shell, BP, and Eni will be at the head of the queue for payments owed by the government, a source told Al Mal. 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The overdue payments\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":597352,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/eni-begins-oil-production-at-west-meleiha-concession-makes-new-oil-gas-discoveries\/","url_meta":{"origin":652015,"position":2},"title":"Eni begins oil production at West Meleiha concession; makes new oil, gas discoveries","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"Italian energy company Eni has begun oil production from its West Meleiha concession in the Western Desert at a rate of 5k bbl\/d, it said in a statement. Production is expected to reach 7k bbl\/d by September 2019. 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