Egypt to partner Chinese to build, operate US$2 bln refinery

04-May-10
Construction is to commence on Egypt’s largest refinery. The North African country’s Government has signed an agreement with China’s Rongsheng Holding Group and China National Chemical Engineering Co. Ltd, to build and operate a US$2 bln refinery. Under the terms of the contract, ownership of the facility will be transferred to Egypt 25 years after its start-up date. Capacities will include 30 million tpa of refined products including jet fuel and diesel for the domestic market and naphtha for export to China.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha