40 years experience crude oil refinery machine in egypt

                                               
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
  • What is a major oil refinery in Egypt?
  • The refinery in Asyut is one of three major projects implemented in the past four years. In September 2020, Egyptian President Abdel Fattah el-Sisi opened a major oil refinery in northwestern Cairo. A $3.4bn investment, the facility will produce 4.7 million tons of gasoline, diesel, and jet fuel every year.
  • What is Cairo oil refinery (ERC)?
  • The ERC refinery will be a major expansion and upgrade of the existing, decades-old Cairo Oil Refinery Company (CORC). The ERC will process CORC¡¯s main output, low value fuel oil, into Euro V diesel (10 ppm sulfur), greatly improving both the quality of the fuel and its economic value.
  • What is the growth rate of oil refining in Egypt?
  • The growth rate of oil refining in Egypt was 25% in FY 2019/2020, the highest rate achieved amongst economic sectors in Egypt, besting wholesale and retail trade, construction, and communication.
  • Why is Egypt investing $7bn in oil refinery?
  • Egypt has invested over $7bn since 2016 to make its petroleum facilities process more oil. The refinery in Asyut is one of three major projects implemented in the past four years. In September 2020, Egyptian President Abdel Fattah el-Sisi opened a major oil refinery in northwestern Cairo.
  • What is Cairo Oil Refining Company (Corc)?
  • Cairo Oil Refining Company (CORC) In terms of refining capacity, CORC is Egypt¡¯s biggest refinery. It was established in 1982 by EGPC, which owns 100% of its shares. CORC has two refineries. One is in Mostorod with a maximum production capacity of 142,000 barrels a day. The other is in Tanta whose production capacity is 35,000 barrels a day.
  • Who owns Egyptian Refining Company (ERC)?
  • Egyptian Refining Company (ERC) Unique among Egypt¡¯s refineries, ERC is run by the private sector, which makes up 76.2% of its shares. The biggest shareholder is Qatar Petroleum International (27.9% of shares). Qalaa Holding has 18.8% while IFC holds 6.4% and Dutch Development bank owns 2.2%. EGPC owns 23.8% of shares.