Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand

Two refining subsidiaries of state firm Egyptian General Petroleum Corporation (EGPC) have signed agreements for capacity expansions, both of which involve France’s Technip. The new projects add to a growing list of refinery expansions, as EGPC pushes to catch up with growing light products demand.

Middle East Oil Refinery (Midor), Technip and Italian export credit agency SACE have signed an agreement to...