Al-Ganzoury Held Meeting to Discuss Financial ProblemsSource: www.export-egypt.com 3/11/2012, Location: Africa |
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Prime Minister, Dr. Kamal Al-Ganzoury, held meeting to discuss financial problems related to Suez Cement Company, in attendance of Ministers of Electricity, Housing, Petroleum, Finance and General Secretary of the Cabinet of Ministers.
The meeting tackled means of settling dues of the company to the Holding Co. for Petroleum Gases, and a meeting will be held tomorrow between Suez Cement and responsible for gas and petroleum sector in the state to agree on a financial settlement. Disagreement resulted due to differences of the non-withdrawal of the minimum limit of gas subjected in contracts amounting to EGP 170 million. It is worth noting that the company’s production did not stop due to such problems |
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