MIDOR Expansion Investments Reach $2.3 B

MIDOR Expansion Investments Reach $2.3 B

The Middle East Oil Refinery (MIDOR)’s expansion project’s investments reached $2.3 billion, increasing its capacity by 60%, stated Gamal ElKareish, head of the company, Egypt Oil and Gas reports.

The Petroleum Projects & Technical Consultations Company (Petrojet) is currently working on finalizing the engineering designs with Engineering for the Petroleum & Process Industries (ENPPI) and Technip. The company is further working on facing the expansion challenges, including linking the existing units with the new units and laboratory, stated ElKareish.

Midor will sign a contract with Midelec to provide the electricity needs for the project, ElKareish pointed out during the visit of Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to follow up on the project.

Sarah Samir 3288 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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