Cairo – Mubasher: Chairman of Assiut Oil Refining Company (ASORC) Mohammed El Shaboury on Tuesday announced that the underway high-octane gasoline complex in Assiut would attract $450 million (EGP 7.726 billion) investments.
The complex’s production capacity will reach 660,000 tonnes of gasoline and hydrogen annually, the chairman added.
Around 40% of the project was completed, El Shaboury reported, adding that it was financed by banks and internal resources.
