Close ad

Egypt settles all outstanding foreign oil and gas arrears

Ahram Online , Wednesday 10 Jun 2026

Egypt has fully settled its dues owed to foreign oil and gas partners, reducing outstanding payments to zero, down from $6.1 billion on 30 June 2024, restoring investor confidence in the country’s investment climate, the cabinet stated on Wednesday.

1

 

Related
Egypt to make early settlement of all oil and gas arrears by 10 June
Egypt cuts oil, gas arrears by $275 mln in May, on track to pay all outstanding dues end-June
Egypt cuts oil and gas partners’ debt sharply, aims to clear arrears by July

The last remaining outstanding amount of $440 million from May was paid in full, following the most recent change in schedule to 10 June 2026. This is ahead of the previously scheduled time of 30 June or the end of the current FY 2025/2026.

Short link:

 

Also In Economy

# Egypt’s BOP deficit narrows to $1.8 bln in first 9 months of FY25/26
# Egypt's trade deficit widens by 58.5% year-on-year to $7.5 billion in June 2026: CAPMAS
# Egypt seeks deeper AIIB partnership to finance infrastructure, attract private investment
# Over 830,000 real estate units registered on tax app since launch: Minister
# Egypt net int'l reserves hit record $57.2 bln in August: CBE
# SCZone operates 212 factories, with 176 more under construction: PM
# EGX average outstanding liquidity rises to EGP 9 bln in 2026: Chairman
# Egyptian pound hovers around EGP 51/$1 at Sunday’s COB
#