SOPC | Egypt Oil & Gas - Part 3

Suez Oil Processing Company to Receive $200M Loan

Egypt signed a $200 million loan from the European Bank for Reconstruction and Development (EBRD) to state-owned Suez Oil Processing Company (SOPC) on June 21, Amwal El Ghad reported. The loan will be allocated to an ...

Egypt Signs $200M Funding Agreement with EBRD

Egyptian Minister of Investments and International Cooperation, Sahar Nasr, has signed a $200 million agreement with Eric Rasmussen, director of natural resources at the European Bank for Reconstruction and Developmen...

EBRD to Issue $200 M Loan to SOPC

The European Bank for Reconstruction and Development (EBRD) is provisioning a loan of approximately $200 million to be issued to the Suez Oil Processing Company (SOPC). The loan is designated to finance a number of en...

SOPC to Refine 2M Tons of Crude Oil in FY 2018/2019

Suez Oil Processing Company (SOPC) announced plans to refine two million tons of crude oil during new fiscal year (FY) 2018/2019 in addition to  execute new production, innovation and renewal units’ projects for equip...

Fire Breaks out at SOPC’s Mazut Coking Complexes

Fire has broken out at the mazut coking complexes in the Suez Oil Processing Company (SOPC), due a mazut trafficking attempt. The fire was quickly controlled, in less than 15 minutes, using the company’s fire ex...

SOPC, NPC Report 28%, 20% Increases in Production

The Suez Oil Processing Company (SOPC), Nasr Petroleum Company (NPC), and Petroleum Pipelines Company (PPC) reported on their operations for fiscal year (FY) 2016/2017 to the Egyptian Minister of Petroleum and Mineral...

Egypt Establishes Asphalt Unit for EGP 138M

The new asphalt unit, which is being established at the Suez Oil Processing Company (SOPC), costs EGP 138 million, Minister of Petroleum and Mineral Resources, Tarek El Molla, told Amwal Al Ghad, adding that the unit ...

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