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EGYPTIAN REFINING COMPANY SUB CONV LOAN


Overview

  • Reference: P-EG-FC0-003
  • Approval date: 17/03/2010
  • Start date: 21/06/2012
  • Appraisal Date: 01/07/2009
  • Status: OngoingOnGo
  • Implementing Agency: EGYPTIAN REFINING COMPANY S.A.E
  • Location: Egypt

Description

Construction and operation of a new hydro-cracking/coking facility and ancillary units for the Egyptian Refining Company (ERC) adjacent to the existing refining units of the Cairo Oil Refinery Company (CORC). ERC will use low quality Atmospheric Residue from CORC as feedstock and produce 4.8 million tons per year of refined products for the domestic market.


Key contacts

M'PENG BAYOI Daniel Constant - PESR


Costs

Finance source Amount
ADBUSD 16,050,231
DeltaUSD 2,147,483,647
TotalUSD 2,147,483,647
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