Proven Success

International Oil & GAS Companies Debts
International Oil & GAS Companies Debts

CHALLENGE
The government owed debts to the oil and gas companies operating in Egypt amounted for $6 billion, which would have caused the exit of many companies from the Egyptian market, in addition to the international arbitration endeavors.

SOLUTION

A direct government decision influencing case carried out jointly by IPA and our PR firm.
Private talks were held with the government to communicate a clear message about the increasing risk of these debts.

OUTCOME
Gaining the presidential and prime minister’s attention to the issue and taking the necessary actions to settling and rescheduling those debts.