BG Group said Cairo paid off small portion of debt
London (UPI) Oct 6, 2014 - After receiving $350 million from the Egyptian government, British energy company BG Group said Monday the balance stands at around $1.2 billion. BG Group said the Egyptian government paid down some of its debt as a result of raising funds specifically meant to address arrears in the oil and gas sector. "While the group has been impacted by the reduction of liquefied natural gas ... more
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