ERC | Egypt Oil & Gas - Part 3

ERC Seeks $80 M Loan from CIB

CIB is arranging the $80 million loan for ERC to fund the general capital.

Qalaa Holdings Showcases ERC at African Forum

Qalaa Holdings Company presented its $4.3 billion Egyptian Refining Company (ERC) at the African Investment Forum as a case study for boosting the attractiveness of private investment using policy reform.

Qalaa Holdings Looks to Increase Shares in ERC

Qalaa Holdings is in negotiations to increase its shareholdings in the Egyptian Refining Company (ERC), according to the company's managing director.

Qalaa Holding to Increase Stakes in ERC

Qalaa Holding Company has announced plans to boost its indirect ownership of the Egyptian Refining Company (ERC).

Mostorod Refinery to Start Operations Before 2019

The Mostorod refinery is projected to start operations by the end of 2018.

ERC Allocates $3 M Annually for Social Projects

The Egyptian Refining Company has conducted assessments of the economic and educational needs of residents living in the neighborhood adjacent to the company.

ERC Completes 96.5% of Mostorod Refinery

The Egyptian Refining Company announced completing 96.5% of construction work for Mostorod refinery.

ERC New Processing Plant to Start Operation in Six Months

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 in Talks with Egypt to Refine Saudi Crude

Saudi Aramco is considering exporting crude oil to Egypt for refining

ERC’s $3.7B Refinery to Come Online Next September

Operations at the Egyptian Refining Company’s (ERC) new refinery will begin next September.

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