EGYPT/EAST MEDITERRANEAN

QPI Says Musturud First Step In $8Bn Egypt Energy Investment
 
Qatar Petroleum International (QPI), the overseas investment unit of state firm Qatar Petroleum (QP) has announced it will join a $3.7bn project to build sophisticated new processing units alongside the Cairo Oil Refining Company’s (CORC) 160,000 b/d refinery at Musturud on the outskirts of Cairo. MEES sounding in February had indicated QPI would take a stake in the venture (MEES, 6...