Technip, EGPC and ASORC agreement for $1.5B modernization of Egypt’s Assiut Refinery; maximizing diesel
Green Car Congress
JULY 28, 2015
Technip Italy SpA announced the finalization of a joint agreement with Egyptian General Petroleum Corporation (EGPC) and Assiut Oil Refining Company (ASORC) for the $1.5-billion According to the agreement, Technip will now start activities for the project, as well as providing support to ensure project financing.
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