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...
Egypt Signs Loan Deal For Midor Refinery Expansion
Published on Fri, 02 Nov 2018 - Volume: 61 Issue: 44Print
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