Egypt’s state-owned Middle East Oil Refinery Company’s (Midor) has awarded a $1.7 billion contract to expand its refinery complex in Alexandria to France’s TechnipFMC, MEED reported.
The plant, which is located in El-Amreya Free Zone, will see its capacity increased by 60 percent from 115,000 barrels per day (b/d) to 175,000 b/d.
TechnipFMC will provide construction, supplies, and engineering designs for the expansion.
Additionally, the expansion will raise the refinery’s current production of liquefied natural gas (LNG) by about 145,000 tons a year (t/y), benzene 95 by about 600,000 t/y and jet fuel by about 1.3 million t/y.
The total cost of Midor’s expansion project, which will be co-executed by Egypt’s state-run firms ENPPI and Petrojet, will amount to about $2.2 billion, the report added.
Be the first to comment
Comments Analysis: