Egypt’s Minister of Petroleum Tarek El Molla this week signed a loan agreement to complete financing of an expansion of the Middle East Oil Refinery (Midor), a 115,000 b/d throughput capacity plant at Alexandria on the Mediterranean coast. The ministry estimated the total development cost for the expansion at $3.2bn and listed the lenders of the final $1.2bn tranche as France’s Credit Agricole and BNP Paribas, Italy’s CDP, the National Bank of Egypt and Abu Dhabi National...