Wed, 04th Dec 2013 14:35
CAIRO, Dec 4 (Reuters) - The Egyptian government plans topay $1.5 billion in arrears to foreign oil companies "in days",Oil Minister Sherif Ismail told Reuters on Wednesday, adding themoney would be shared between all the firms operating in thecountry.
Prime Minister Hazem el-Beblawi earlier announced Egyptwould pay the sum to foreign firms working in its oil and gassector. The government has said it owes around $6 billion tosuch firms.
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