VOL. XLI

No. 26

29-June-1998

EGYPT

EGPC Invites Private Investors To Participate In Suez Hydrocracker

The Egyptian General Petroleum Corporation (EGPC) has offered private investors a 35%stake in the new Misr Petroleum Processing Company, which will set up a hydrocracker atSuez. The hydrocracker project was originally intended to be implemented by thestate-owned Naser Petroleum Company at its refinery in Suez. Last March Nasr Petroleuminvited five prequalified groups to submit bids by 30 June...