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Payment comes as government finalises investment deals to address an ongoing energy crisis.
22.07.2014 Ahram Online
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Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at Ministry of Petroleum.
22.07.2014 Saudi Gazette
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Deal should see work begin in gas fields capable of producing 20 percent of Egypt's total daily gas output.
16.07.2014 Ahram Online
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Egypt has been largely unable to buy crude oil in the international market for more than a year due to a domestic subsidy scheme.
13.07.2014 Gulf Business
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The tender specifies that the delivery will take place through storage-tank transfer at its oil hub Sidi Kerir on August 16.
12.07.2014 Reuters
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EGAS and EGPC promised to have a terminal up and running last summer until a chaotic tendering process and political upheaval pushed back the job.
11.07.2014 Reuters
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Despite early opposition to restarting energy trade with Israel, Cairo now appears willing to explore the possibility.
10.07.2014 Forbes
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Petroleum minister says there is no 'embarrassment' in Egypt indirectly importing Israeli gas, given Egypt's economic situation and interests.
07.07.2014 Haaretz
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Egypt's public has long relied on government-subsidized fuel, bread and energy that account for nearly one-third of the nation's budget.
07.07.2014 Wall Street Journal
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Zeinab Awad Allah also warned the cost increase could start monopolies and would cause public anger and backlash.
06.07.2014 The Cairo Post
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