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English news

11-Feb-2019

Egypt to build hydrogen cracker, petroleum complex worth USD2.3bn

Minister of Petroleum Tarek El Molla told Al Borsa that Egypt aims to build a USD2.3bn hydrogen cracking and gasoline producing complex in Suez. Four projects have already been implemented with USD309mn in investments, El Molla said, adding that the Ministry is also looking to develop six refineries with USD9bn in investments over the next four years. 
 
 

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