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Spotlight | Egypt
Petronas, Apex, SDX and Dana poised to exit over late state payments

Oil site in Egypt on the Red Sea.
Oil site in Egypt on the Red Sea. © BENELUXPIX/MAXPPP
Egypt's budget deficit has encouraged the state to dip into the reserves of the state-owned hydrocarbons companies. This has slowed down payments to private sector oil producers, who are now looking to sell up. [...]
Published on 30.03.2023 at 04:40 GMT Reading time 2 minutes
Finance, Energy

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  3.  Petronas, Apex, SDX and Dana poised to exit over late state payments 
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