good sale refinery oil machine oil re refining plant in egypt

                                               
                                               
                                               
                                               
                                               
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  • What is the biggest oil refiner in Africa?
  • Oil Refining Background Egypt is the biggest oil refiner in Africa with a total of ten refining companies operating 12 refineries. This is compared to second-place South Africa, which has six refineries, according to an article in Oil & Gas Journal published in 2015.
  • 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.
  • 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 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.
  • Who sells oil in Egypt?
  • The majority of Egypt¡¯s refined products are sold to local markets. Oil producers in Egypt are required to sell their crude oil to the Egyptian General Petroleum Corporation (EGPC) at a price below the world market price, and EGPC then sells the crude to its refineries on the global market, according to the 2013 African Economic Outlook.
  • 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.