petrochemical projects | Egypt Oil & Gas - Part 2

Egypt to Receive $1.5B Investment Loan

The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.

Egypt to Finalize Refining Projects by 2018

Egypt's refining projects witness completion as the new Mostorod refinery starts its operations in 2018, Minister of Petroleum and Mineral Resources, Tarek El Molla, disclosed.

Iran to Develop 25 Petchem Projects

An official at the Irani state-run National Petrochemical Company (NPC) said that Iran is seeking investment to build 25 petrochemical projects.

Shell, Iran Signed Petchem MoU

Shell signed a preliminary memorandum of understanding (MoU) with Iran's National Petrochemical Company in order to cooperate in the petrochemical industry.

Sisi Launches $1.9b Petrochemical Complex

Egyptian President Abdel Fattah El Sisi launched the petrochemicals complex of Egyptian Ethylene and Derivatives Company (Ethydco) in Alexandria in mid August with a total investment of $1.9b.

Annual Revenue of Iran’s Petchem Output to Increase by $5.1b

Iran is to commence several petrochemical projects with $5.4b worth of investment by March 21st, 2017 and the annual value of the country's petrochemical products would increase by $5.1b.

Kuwait Invests $6.8 billion in Egyptian Energy Projects

Egypt has agreed preliminary deals with Kuwaiti companies for the establishment of petrochemical projects worth $6.8 billion, the government said on Sunday.

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