ERC Refinery faces delays, production to start in Q2 2018

erc-logoProduction from Qalaa Holdings subsidiary Egyptian Refining Company (ERC)’s refinery in Mostorod will be postponed to Q2 2018 following construction delays, Al Mal reported. The refinery was initially set to begin production by the end of 2017 and ERC Managing Director Mohamed Saad said the project is 93% ready. ERC has already begun talks with Aramco, Kuwait National Petroleum Company, and Shell to import feedstock needed for operations.

(Source: Enterprise.press)

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