refining | Egypt Oil & Gas - Part 9

India Beefing Up Reserves, Refining Iraqi Crude

India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.

Egypt studies USD 6 billion oil refining and petrochem projects

Egypt's Industrial Development Authority is examining proposals from several investors worth EGP 48 billion for developing downstream oil and gas projects including refineries and petrochemicals production.

Orlen wants Egyptian oil

Investors have until May 6 to file binding offers for the purchase of shares in Polish telecoms operator Polkomtel. One player that's eagerly waiting for that transaction to be wrapped up is Polish refining giant Orlen.

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