Oil Ministry approves $8 bln strategy to develop petrochemicals sector

ethydcoThe Oil Ministry has approved a USD 8 billion strategy to develop refining facilities and the petrochemicals sector, Oil Minister Tarek El Molla told Al Mal. The strategy aims to upgrade machinery at existing facilities to maximize production, and build several new projects in Cairo, Alexandria, Assiut, and Suez, he added.

(Source: Enterprise.press)

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