Ministry faces payment squeeze


Issue 219 - 04 Nov 2011 | 1 minute read

Economic pressures created by the ‘Arab Spring’ uprisings have squeezed payments by the Ministry of Petroleum. President Hosni Mubarak’s fall and the establishment of interim authority under the Supreme Council for the Armed Forces (SCAF) has not had a major long-term impact on production, which has returned to pre-crisis levels. However, tight government finances

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