Refineries | Egypt Oil & Gas - Part 4

SFZ Signs $2.5 B Agreement to Build Salalah Refinery

Salalah Free Zone (SFZ) has signed a usufruct agreement for the establishment of the Salalah Refinery project.

Egypt Invests EGP 43 B in Assiut Oil Projects

Investments in oil production and refining projects in Assiut total EGP 43 billion to produce fuels such as gasoline and diesel.

Iraq Discusses Cooperation Projects with Iran

An Iraqi delegation has recently discussed cooperation with Iranian companies in oil and gas projects during a meeting with Iran’s Energy Industries Engineering and Design Company (EIED).

El-Molla Discusses Oil Imports, Investments with KPC

Minister of Petroleum Tarek El-Molla discussed with a delegation from the Kuwait Petroleum Corporation (KPC) investment opportunities and projects, especially refining Kuwaiti crude oil in Egyptian refineries.

MIDOR Production to Reach 8 MM Tons Annually

The production of the Middle East Oil Refinery (MIDOR) plant will exceed 7 million tons annually by the end of the expansion works.

Aramco, Petronas Start Operations at Pengerang Naphtha Cracker

Saudi Aramco and Malaysia’s Petroliam Nasional Berhad (Petronas) have begun operations at their new naphtha cracker

Ministry of Petroleum to Build $8.5 B Petrochemicals Complex

The Ministry of Petroleum and Mineral Resources is studying the construction of a new refinery and petrochemicals complex in the Al-Alamein region with investments of about $8.5 billion.

Qalaa Holdings Receives $120 M for ERC

The final tranche was requested by ERC's project finance lenders and is divided into $70 million for capital increase and $50 million for shareholders' loan.

Egypt Saves $350 M from Energy Efficiency

Improving energy efficiency at the Egyptian refineries and production units helped Egypt save $350 million per year.

Egypt Builds $2.3 B Refining Projects in Assiut

The biggest two refining projects in Upper Egypt will help achieve self-sufficiency of petroleum products.

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