ERC | Egypt Oil & Gas - Part 5

Egypt gets $3.7 bln financing for refinery project

Investors in an Egyptian petroleum refinery project, led by Citadel Capital and Qatar Petroleum, have secured $3.7 billion in financing for the facility, the project operator said on Thursday. The financing, put toget...

Government raises its stake in controversial Egyptian Refining Company

The Egyptian General Petroleum Corporation raised its stake in Egyptian Refining Company, upping overall public stake to 49.5 per cent in a new oil refinery, says company’s chairman. The Egyptian General Petrole...

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