Cairo Refinery Project

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Refineries in Egypt

Refinery Projects in Egypt

Refinery News

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Summary Information

The project is also know as the Mostorod Refinery project

  • Ownership: Citadel Capital
  • Website: http://www.citadelcapital.com/
  • Location: Near Cairo
  • Capacity: 5.23 million tons/annum & 112,000 bbl/day
  • Nelson Complexity:
  • Project Stage: Preparation
  • Expected Completion: 2013
  • Budget: $3.0 Billion

The Project

  • Project Type: New Facility
  • Project Summary: An upgrading facility to be built next to exisiting refinery and will use heavy products as feedstock.
  • Main Contractors: ERC has agreed an engineering, procurement and construction (EPC) contract for the project with a consortium formed between GS Engineering & Construction Corporation (GS) of South Korea and Mitsui & Company, Ltd. of Japan. Worley Parsons Ltd has been commissioned as the project management contractor on behalf of ERC for the construction program.
  • The Egyptian Refining Company (ERC) is building a state-of-the-art US$ 3 billion greenfield second-stage oil refinery in the Greater Cairo Area, which will produce over 4 million tons of refined products, including over 2 million tons of EURO V diesel, the cleanest fuel of its type in the world. ERC’s production will be sold to the Egyptian General Petroleum Corporation (EGPC) under a 25-year offtake agreement at international prices.
  • Regulatory and environmental approvals for the project have been obtained and ERC has signed a lump-sum turnkey contract with GS Engineering & Construction / Mitsui & Co. The facility is expected to be fully operational by the end of 2013.
  • The main part of the debt is expected to come from JBIC and Nexi with 40%. Kexim will provide 30% and the rest will come from the European Investment Bank (EIB) and African Development Bank (AfDB).

Refining Units

  • The ERC facility will consist of a vacuum distillation unit, a hydro-cracking unit, naphtha and distillate hydro-treating units, a reforming unit, a hydrogen plant and a delayed coking unit.

Terminal Capacity

  • Crude Oil:
  • Refined Products:

Crude Supply

  • Will use heavy products from adjacent refinery.

Products Produced

  • Diesel, jet fuel and naphtha

Other Information

  • The political volatility is threathening to dealy the project.

Relevant Links

Page tags: cairo capital citadel egypt project refinery
page revision: 13, last edited: 31 Jan 2011 15:02
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