Qalaa Holding to Increase Stakes in ERC
Qalaa Holding Company has announced plans to boost its indirect ownership of the Egyptian Refining Company (ERC).
Qalaa Holding Company has announced plans to boost its indirect ownership of the Egyptian Refining Company (ERC).
The Mostorod refinery is projected to start operations by the end of 2018.
The Egyptian Refining Company has conducted assessments of the economic and educational needs of residents living in the neighborhood adjacent to the company.
The Egyptian Refining Company announced completing 96.5% of construction work for Mostorod refinery.
Once the plant starts operations, it will decrease the country's need for diesel by around 50% and that of imported gasoline by 20%.
Saudi Aramco is considering exporting crude oil to Egypt for refining
Operations at the Egyptian Refining Company’s (ERC) new refinery will begin next September.
The Egyptian Refining Company (ERC) announced 22 scholarship recipients under its Mostakbaly Program