petrochemical projects | Egypt Oil & Gas - Part 2
Paying Arrears to IOCs Attracts Investments: ECHEM Head
The Egyptian government’s perseverance with paying receivables to international oil companies (IOCs) will help the country to attract further investments, Chairman of the Egyptian Petrochemicals Holding Company,...
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, Reuters reported. The decision is part of Afreximbank’s plan to loan...
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. The project is one of the most imp...
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, Reuters reported. NPC’s Director for Planning and Development, Farnaz Al...
Shell, Iran Signed Petchem MoU
The Anglo-Dutch multinational oil and gas company, Shell signed a preliminary memorandum of understanding (MoU) with Iran’s National Petrochemical Company in order to cooperate in the petrochemical industry. The...
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. The complex is set to o...
Annual Revenue of Iran’s Petchem Output to Increase by $5.1b
Iran’s Oil Minister, Bijan Zanganeh, announced that the Islamic Republic would commence several petrochemical projects with $5.4b worth of investment by March 21st, 2017. Iranian News Agency SHANA informed that ... 
