Reporting by Ehab Farouk; Writing by Arwa Gaballa; Editing by Susan Fenton
CAIRO, March 5 (Reuters) - A new oil refinery near Cairo which has been delayed by financing problems will begin a test run in the third quarter of 2018, its managing director said on Monday.
The refinery, called Egyptian Refining Co (ERC), is a joint venture between state-controlled Egyptian General Petroleum Corporation (EGPC) and Arab Refining Company and will have the capacity to produce 4.7 million tonnes of refined products per year when fully operational.
It is expected to start actual operations by the end of 2018 or early 2019, Managing Director Mohamed Saad said at a news conference.
CAIRO, March 5 (Reuters) - A new oil refinery near Cairo which has been delayed by financing problems will begin a test run in the third quarter of 2018, its managing director said on Monday.
The refinery, called Egyptian Refining Co (ERC), is a joint venture between state-controlled Egyptian General Petroleum Corporation (EGPC) and Arab Refining Company and will have the capacity to produce 4.7 million tonnes of refined products per year when fully operational.
It is expected to start actual operations by the end of 2018 or early 2019, Managing Director Mohamed Saad said at a news conference.
