VOL. XL

No. 31

4-August-1997

EGYPT

Kvaerner John Brown Awarded $33Mn Contract For Al-Nasr Hydrocracker

The Anglo-Norwegian industrial group Kvaerner John Brown has been awarded a five-yearcontract worth S20mn ($33mn) to help build a hydrocracking unit at al-Nasr PetroleumCompany's refinery in Suez. The unit is intended for hydrocracking surplus heavy fuel oilto maximize the production of middle distillates for the Egyptian market. The total costof the unit, which will have a capacity of 35,000...