VOL. XLII

No. 24

14-June-1999

EGYPT

MIDOR 60% Complete As Shareholder Structure Changes Yet Again

MEES Assistant Editor Yasser Elguindi reports on the status of the MIDOR refinery after his recent visit to Egypt where he toured MIDORs facilities in the Free Trade Zone near Alexandria, and met with senior company executives and staff at the companys main headquarters in Cairo.

The $1.5bn Middle East Oil Refinery (MIDOR), the first refinery in Egypt to embrace private sector participation, is 60%...