MIDOR company has issued a tender to sell a cargo of gasoil containing 0.1% Sulphur in May, according to Reuters.
Bids for the 30,000 ton cargo will be submitted by 16 April. The cargo is scheduled to be loaded at Dekheila port in Alexandria during the period of 1-3 May .
It’s worth noting that MIDOR has achieved highest revenues in five years estimated at $2.4 billion by producing 5.1 million tons of high-quality petroleum products at the end of 2019. The net profit of the company has increased by 40%.
MIDOR is now seeking to increase its production 60% with investments of $2.3 billion.