Egypt settles five billion dollars in overdue payments to foreign energy partners
Egypt has cleared five billion dollars in debts to foreign oil and gas firms. The government plans to reduce the remaining arrears by the end of June 2026.
Insights:
The government of Egypt 
EGhas completed the payment of approximately $5 billion in overdue bills to foreign oil and gas operators as of January 21, 2026. Prime Minister Mostafa Madbouly mostafa madboulyannounced the resolution of these arrears, which had previously reached $6.1 billion on June 30, 2024. Under a structured repayment plan, the Egyptian government now aims to reduce its remaining debt to these international partners to $1.2 billion by June 2026, while concurrently remaining up to date on all current monthly invoices.
EGhas completed the payment of approximately $5 billion in overdue bills to foreign oil and gas operators as of January 21, 2026. Prime Minister Mostafa Madbouly mostafa madboulyannounced the resolution of these arrears, which had previously reached $6.1 billion on June 30, 2024. Under a structured repayment plan, the Egyptian government now aims to reduce its remaining debt to these international partners to $1.2 billion by June 2026, while concurrently remaining up to date on all current monthly invoices.
