Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

• Monday, 28th September 2020
• by Fatma Ahmed

The Egyptian President Abdel Fattah Al-Sisi has inaugurated the Egyptian Refinery Company’s (ERC) project in Mostorod with investments of $4.3 billion, equivalent to EGP 70 billion, as it is one of the most impo...

Qalaa Holdings Receives $120 M for ERC

• Thursday, 30th May 2019
• by Mai El Ghandour

Qalaa Holdings has completed a $120 million funding round for its subsidiary, the Egyptian Refining Company (ERC), bringing the total capital investments of ERC to $1.5 billion and the total investment cost to $4.4 bi...

Qatar backs $3.6bn Egyptian refinery

• Monday, 24th September 2012
• by Egypt Oil & Gas

Qatar Petroleum International (QPI) will join Egypt’s Orient Company and the Egyptian General Petroleum Corporation (EGPC) in their venture to set up a new $3.6bn refinery in Greater Cairo. The refinery that will be s...