customization groundnut oil refined system in egypt

                                               
                                               
                                               
                                               
                                               
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  • What does Egypt's Petroleum program mean for the refining industry?
  • Egypt's petroleum program shifts its focus to refining productivity ¡ª File Photo Egypt's petroleum development and modernization program has shifted its future vision since its launch in 2016 to develop and implement new refinery projects that increase productivity and shape performance in the Egyptian refining industry.
  • 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.
  • How much does Egypt's Oil & Gas Plant cost?
  • The company is also building a $54 million diesel production facility to produce 322,000 tons of the fuel, according to Reda Abdel Salam as reported by Egypt Oil & Gas in January 2017. Its production will be directed to NPC for further refinement. There is also a $94 million facility producing butane and asphalt under construction.
  • Who owns SOPC oil refinery in Egypt?
  • SOPC is the second oldest oil refinery in Egypt, built in 1921. Its ownership was transferred to EGPC in 1953, when its name became Government Oil Processing Company. In 1962, it became El Nasr for Oil Manufacturing and Petrochemicals. In 1963 it merged with a Suez-based refinery to become SOPC. The refinery currently employs over 5280 workers.
  • How many oil refineries are in Egypt?
  • In Egypt, nine out of ten oil refineries are run by the state. This setup meant that investments in oil refineries never measured up to crude oil extraction investments, which had always relied on international firms such as Apache and BP.
  • How much does the Middle East oil refinery cost?
  • These projects include the completion of the expansion of the Middle East Oil Refinery (MIDOR) in Alexandria, aimed at increasing the plant's refining capacity by 60% to produce high-quality petroleum products that meet Euro 5 specifications, with an investment cost of $4.2 billion.