•                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
                                               
                                               
                                               
                                               
  •                                        
  •                                        
  •                                        
  •                                        
  • Which oil refinery is the most advanced in Egypt?
  • Consumption throughout 2016 has been 7% higher than in 2015, according to Ezz el Regal. MIDOR was established in 1994 by EGPC, which owns 98% of its shares and Suez Canal Bank owning the rest. It is widely regarded as the most advanced oil refinery in Egypt with state-of-art equipment.
  • Is Cairo oil refinery the largest investment in Africa?
  • In a July 2014 Mada Masr report, the article said that the ERC refinery— actually an expansion of the 1969 complex, Cairo Oil Refinery Company (CORC), located 40 km north of Cairo—is currently the “the largest investment on the African continent.”
  • Will Egypt import Arabian oil?
  • Tarek El-Molla, CEO of EGPC, recently told Daily News Egypt that Egypt would begin importing Arabian oil for Egypt’s refineries, and exporting the higher-quality crude produced in the Western Desert. “El-Molla said this is because Egyptian plants require API 31 crude, which is similar to the crude produced by Belayim Petroleum and Arabian Crude.
  • Who sells oil in Egypt?
  • The majority of Egypt’s refined products are sold to local markets. Oil producers in Egypt are required to sell their crude oil to the Egyptian General Petroleum Corporation (EGPC) at a price below the world market price, and EGPC then sells the crude to its refineries on the global market, according to the 2013 African Economic Outlook.
  • What is Egypt's oil refining capacity?
  • Meanwhile, sporadic upgrades have pushed Egypt’s maximum oil refining capacity to 732,550 barrels a day by the end of 2016, according to the Egyptian General Petroleum Corporation (EGPC).
  • How much money did Egypt invest in oil refineries in 2015/2016?
  • In fiscal year 2015/2016, investments in refineries topped EGP 724 million compared to EGP 4.11 billion for oil extraction firms, according to the Central Bank of Egypt (CBE).