Two refining subsidiaries of state firm Egyptian General Petroleum Corporation (EGPC) have signed agreements for capacity expansions, both of which involve France’s Technip. The new projects add to a growing list of refinery expansions, as EGPC pushes to catch up with growing light products demand.
Middle East Oil Refinery (Midor), Technip and Italian export credit agency SACE have signed an agreement to increase the crude distillation capacity of the Midor refinery at Alexandria, from the current 100,000 b/d to 160,000 b/d, while also increasing upgrading capacity. (CONTINUED - 733 WORDS)
