Mostorod refinery
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ERC to Receive $76 MM By the End of December
Tuesday, 3rd December 2019
The Deputy Chief Financial officer of the Egyptian Refining Company “ERC” Aliaa Heikal announced that her company targets to receive $76 million from Japanese and Korean banks at the end of December 2019 as the last installment package of the loans that the company keep for establishing and developing Mostorod refinery .
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ERC Completes 96.5% of Mostorod Refinery
Tuesday, 6th March 2018
The Egyptian Refining Company announced completing 96.5% of construction work for Mostorod refinery.
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Total Eyes Iraq Oil Refinery
Thursday, 1st March 2018
French oil company Total is considering bidding to build the green-field oil refinery in the Iraqi city of Nassiriya.
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Egyptian Refining Company Delays Production to 2018Q2
Thursday, 2nd March 2017
Production from the Egyptian Refining Company (ERC)’s refinery in Mostorod will be postponed to 2nd quarter of 2018 due to construction delays. -
EGPC Aims to Increase Refineries’ Capacity in 2017
Wednesday, 2nd March 2016
The Egyptian General Petroleum Corporation (EGPC) aims to increase refineries capacity to reach 30m tons of crude oil in the second half of 2017.
Latest News
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PMS Implements 87 Projects Worth $171 MM
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021