Egypt: Two grant deals worth $1.4m inked to upgrade petroleum refineries

Fri, 18 Dec 2020 - 10:58 GMT

Minister of Petroleum and Mineral Resources Tareq el Mulla and US Ambassador to Egypt Jonathan R. Cohen have witnessed the signing of two agreements on a grant worth $1.4 million from the US Trade and Development Agency (USTDA) to the Amreya Petroleum Refining Company (APRC) and the Suez Oil Processing Company (SOPC).

EBRD funds Suez Oil Processing Company by $50M loan

Sat, 23 Nov 2019 - 01:57 GMT

EBRD added in a statement that this loan came to support the modernisation of Egypt’s oil industry by upgrading the oil refinery owned by SOPEC.

Egypt, EBRD sign $200M agreement for boosting energy efficiency

Tue, 22 May 2018 - 02:34 GMT

EBRD also signed an executing agreement of the project with Chairman of Suez Oil Processing Company Mohamed Elewa.