Cairo – Mubasher: The Egyptian President Abdel Fattah El-Sisi said that the country has spent EGP 1.2 trillion on petroleum projects in the last period.
El-Sisi expressed his appreciation for the efforts made by Qalaa Holdings in setting up the Egyptian Refining Company’s (ERC) Mostorod hydrocracking complex.
With investments of $4.3 billion, the project has an annual output capacity of 4.7 million tonnes of high-value petroleum products.
