Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt to announce 12 petroleum projects

Projects will announce the projects during the economic summit next month.
10.02.15 | Source: Star Africa

Egypt’s Ministry of Petroleum announced on Monday it was prepared to reveal details of 12 projects during the Economic Development Conference scheduled to be held in Sharm el-Sheikh next month.
According the ministry, eight of the proposed projects will involve refining petrochemicals, with estimated investments of US$ 4.13 billion, along with 4 projects in crude products and mineral wealth, costing $1.98 billion.

The projects will include establishing oil processing companies in Suez, high-octane gasoline production units affiliated to an Asyut oil refinery company.
It also involves creating a new distillery unit in an American company, and biofuel production from rice straw and other similar projects.

FREE NEWSLETTER