Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply…
Investors associations requests industrial areas be excluded from electricity cuts
100,000 workshops threatened with closure in Damietta due to electricity crisis
Amusement parks, poultry farms receive electricity at EGP 0.19, 0.17 per KW hour: Ministry official
Head of Central Performance Supervision at Electricity Ministry criticises high electricity subsidies…
Government bodies owe Petroleum Authority EGP 163bn
Several government agencies have stopped paying for fuel products they are receiving…
Government fails to abide by payment schedule with foreign partners
The government is the reason behind the continued inability of the petroleum…
Foreign partners demand government repays dues before increasing investments
Foreign companies operating in the oil sector have linked increasing their investments…
EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib
Total dues owed to foreign partners in the petroleum sector currently stand…
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by…
Petroleum agreements stipulate interest on the government’s dues to its partners
All petroleum agreements stipulate an interest on dues owed by the government…
Government reduces gas to plants to solve power crisis
590m cubic feet of gas reduction for fertiliser and cement