palm oil refinery plant with project 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 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.
  • 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.
  • 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.
  • 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.
  • How much money did Egypt invest in oil refineries in 2015/2016?
  • In fiscal year 2015/2016, investments in refineries topped EGP 724 million compared to EGP 4.11 billion for oil extraction firms, according to the Central Bank of Egypt (CBE).