Qatar Petroleum (QP) announced on November 10 that all units of the Egyptian Refining Company (ERC) refinery project are now successfully operating and would reach full production by the end of the first quarter of 2020.
QP pointed out that this project is one of its largest investments in either an Arab or African country. The project aims to produce Euro V refined products, including diesel and jet fuel, for Egyptian consumption by processing 4.7 million tons of mainly atmospheric residue from the Cairo Oil Refinery Company, citing Zawya.
It is worth mentioning that QP owns 38.1% of the Arabian Refinery Company, which owns two-thirds of ERC.