Egypt says arrears to international oil companies at $714 mln by end April 2026

ReutersMay 2, 2026 8:59 AM

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DUBAI, May 2 (Reuters) - Egypt reduced arrears owed to international oil and gas partners to about $714 million by the end of April 2026 from $6.1 billion in June 2024, with plans to clear all outstanding dues by the end of June, Egypt’s petroleum minister Karim Badawi said on Saturday.

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