edbile oil refinery production equipment manufacturing in egypt

                                               
                                               
                                               
                                               
                                               
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  • 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 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.
  • Who owns Middle East oil refinery?
  • Middle East Oil Refinery (MIDOR) MIDOR was established in 1994 by EGPC, which owns 98% of its shares and Suez Canal Bank owning the rest. It is widely regarded as the most advanced oil refinery in Egypt with state-of-art equipment.
  • 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.
  • When will Egypt's new refinement facility start production?
  • These increases have been despite delays in completing a $3.7 billion refinement facility in Mostorod, which will supply 14% of Egypt¡¯s local market needs, according to Qalaa Holding CEO, Ahmed Heikal as reported by Al Mal. His prediction is that the new facility will start production during the second quarter of calendar year 2018.