coconut oil refinery plant price in egypt

   
coconut oil refinery plant price in egypt
                                               
                                               
                                               
                                               
  • coconut oil refinery plant price in egypt
Who sells oil in Egypt?

The majority of Egypt¡¯s refined products are sold to local markets. Oil producers in Egypt are required to sell their crude oil to the Egyptian General Petroleum Corporation (EGPC) at a price below the world market price, and EGPC then sells the crude to its refineries on the global market, according to the 2013 African Economic Outlook.

How many oil refineries are in Egypt?

In Egypt, nine out of ten oil refineries are run by the state. This setup meant that investments in oil refineries never measured up to crude oil extraction investments, which had always relied on international firms such as Apache and BP.

What is Egypt's oil refining capacity?

Only one was built since; Egyptian Refining Company (ERC) in 2007. Meanwhile, sporadic upgrades have pushed Egypt¡¯s maximum oil refining capacity to 732,550 barrels a day by the end of 2016, according to the Egyptian General Petroleum Corporation (EGPC).

Which is Egypt's biggest refinery?

In terms of refining capacity, CORC is Egypt¡¯s biggest refinery. It was established in 1982 by EGPC, which owns 100% of its shares. CORC has two refineries. One is in Mostorod with a maximum production capacity of 142,000 barrels a day. The other is in Tanta whose production capacity is 35,000 barrels a day.