Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
Russia and Egypt are discussing plans to construct liquefied natural gas (LNG) terminals in Egypt, Russian Industry and Trade Minister Anton Alikhanov said on Wednesday, according to state news agencies. "Projects to build LNG terminals are being discussed," Alikhanov told reporters after a Russian Egyptian intergovernmental meeting. "The work is underway." The potential collaboration could expand energy ties between the two nations.
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