ADES expects operations to commence within 90 days from now.
The project aims to maximize the production of petroleum products, by increasing the current refining capacity from 100 to 160 thousand barrels/day, with an increase in production of up to 60%.
In recent years, the oil and petroleum industry has achieved unprecedented results in Egypt.
In statements, the minister said that they discussed the current talks concerning EU partnership to fund the development of the 2035 energy strategy in Egypt.
