Europe Invested $650m In Power Plant Upgrades

• Thursday, 22nd December 2016
• by Egypt Oil & Gas

Egyptian Minister of Investment, Dalia Khorshid, witnessed the signing of a loan with BNP Paribas worth $650m for the development of two power stations in Assuit and west Damietta, Al Mal News reported. The long-term ...

Misr-Iran Bank to Contribute Part of Assiut Oil Refinery’s $150m Loan

• Tuesday, 15th September 2015
• by Egypt Oil & Gas

Misr Iran Development Bank is planning to contributing $10m to Assiut Oil Refining Company’s loan worth $150m, sources told Al Mal newspaper. Misr Iran has received a formal invitation from Abu Dhabi Islamic Bank (ADI...

French Axens Won Contract to Upgrade Assiut Oil Refining Company

• Sunday, 21st June 2015
• by Egypt Oil & Gas

Egypt’s Assiut Oil Refining Company (ASORC) plans to upgrade its refinery, located 400km south of Cairo, French petrochemicals engineering firm Axens said on Tuesday. Axens, which won a contract for the project, said ...