Last Update 10:1
Tuesday, 25 June 2019

Egypt carrying out oil refining megaprojects worth $9 bln: Minister

MENA , Ahram Online , Saturday 2 Feb 2019
Zohr
File Photo: Egypt's Zohr gas Field (Photo: Ahram)
Share/Bookmark
Views: 3382
Share/Bookmark
Views: 3382

Six megaprojects with investments worth $9 billion are being carried out in the field of oil refining in Egypt, Minister of Petroleum Tarek El Molla said on Saturday.

These projects come as part of ongoing efforts to develop the Egyptian oil refining sector, El Molla said during his inspection of a project being carried out by the Egyptian Refining Company in the Mosturod district of Cairo.

The new project, which cost $1.3 billion, is meant to meet the local market's needs for oil and high-octane gasoline, the minister added.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.