mostorod

El Molla inspects Upgrade of Mostorod Area

The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developing cooperation warehouse of Mostorod project with EGP 400 million, and the renewal of the storage warehouses, shipping platform to meet the international standards, according to a press release.

El Molla Reviews Midor Refinery Expansion 

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the $2.3 billion Midor refinery expansion in Alexandria which aims to increase its current refining capacity by 60%.

Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of  $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Africa by producing 4.7 million tons of petroleum products per year.

Mostorod Refinery to Start Operations Before 2019

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

ERC to Start A Trial Operation at Mostorod Plant

ERC will start a trial operation for the new refinery in Mostorod during the fourth quarter of 2017.

ERC to Payoff Mostorod Loans in 2018

The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.

Mostorod Refinery to Finalize in 2017

The Egyptian Refining Company will complete its refining project in Mostorod within the first quarter of 2017.

Mostorod Refinery Project to Utilize $2.7 Billion in 2015/2016

Approximately $2.7 billion will be utilised throughout 2015 and 2016 to complete the implementation of the Egyptian Refining Company’s (ERC) project in Mostorod, according to Wael Al-Orabi, the company’s Commercial Director.

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