The Council of Ministers approved the oil minister to pay the dues of the Mass Holding Group, equivalent to the black oil at international prices under the contract 2017.
The approval of the Council of Ministers comes on the recommendation of the Energy Committee, as the group's receivables amount to 44.2 million dollars.
The recommendation stipulates that the amount shall be considered by the Ministry of Electricity, provided that the final installment is included in the allocations of the Ministry of Electricity in the draft Federal Budget Law for the year 2019.
SOURCE
The approval of the Council of Ministers comes on the recommendation of the Energy Committee, as the group's receivables amount to 44.2 million dollars.
The recommendation stipulates that the amount shall be considered by the Ministry of Electricity, provided that the final installment is included in the allocations of the Ministry of Electricity in the draft Federal Budget Law for the year 2019.
SOURCE