NBE leads banking consortium to provide €30m loan to Midor

Thu, 07 May 2020 - 11:50 GMT

The step, he said, reflects NBE's pioneering role in boosting national projects that contribute to the economic development of the country, he said.

Egyptian refiner Midor issues tender to sell gasoil

Wed, 15 Apr 2020 - 05:55 GMT

The tender is for one 30,000 tonne cargo for loading at the Dekheila port of Alexandria between May 1 to 3.

Oil Ministry’s strategy aims to increase production of refineries

Sun, 24 Mar 2019 - 10:24 GMT

Molla stressed the importance of continuing to raise the efficiency of operations, maximize profitability and apply the latest technologies used in refining activities.

Midor signs $1.2 loan agreement with 3 international banks

Wed, 31 Oct 2018 - 12:02 GMT

The ministry clarified that the consortium included Credit Agricole, BNP Paribas and Italy’s CDP.

MIDOR's refinery lab capacity to increase to 175,000 barrels/day

Thu, 07 Jun 2018 - 10:10 GMT

The deal aims to increase the refinery lab operation capacity from the current 115,000 barrels to 175,000 daily.

Midor finances expansions through IPO

Wed, 21 Mar 2018 - 02:27 GMT

Midor is currently expanding its refinery by the Italian Company Technip, seeking to increase refining capacity to 175,000 barrels per day.

Mostorod's refinery to start operations in 2018

Mon, 01 Jan 2018 - 01:20 GMT

The second phase of expanding MIDOR will start this year to increase the production capacity.