Cairo - Mubasher: Egyptian Chemical Industries (KIMA) said in a bourse statement on Sunday that its debt to the Egyptian Natural Gas Holding Company (EGAS) totalled EGP 29.4 million
KIMA negated media reports claiming the debt reached EGP 240 million, according to the statement.
A total of EGP 19 million of KIMA’s obligation to EGAS is for gas consumption between November 2015 and September 2016, the other EGP 10.4 million are for gas withdrawals until June 2015, which are subject to a legal dispute with Petrotrade.
