34 / 49
131
86
(29)
189
81
(106)
164
85
(120 )
129
109
(121 )
117
109
(103 )
122
104
(160)
66
80
(101)
45
66
(81)
30
Improvement in EGPC Receivables Collections
over the Last 4 Years
EGPC receivables reduced by approximately 76% (from $189m to $30m) over the last 4 years
Even with increasing production, Kuwait Energy continuously collects from EGPC: $241m in 2013, $263m in 2014 and $182m in
2015
EGPC Receivables Development since 2012 ($m)
Outstanding Receivables Sales EGPC Payments
1H 2012
2H 2012
1H 2013
2H 2013
1H 2014
2H 2014
34
1H 2015
2H 2015