๐ Tender Overview
Scope :
Construction of new atmospheric distillation unit at Assuit Oil Refinery.
The ministry explained that the new project, whose cost is approximately US$ 381.56 M, is part of the continuous expansion of the south of Cairo located facility, which is considered the basic pillar for securing the petrochemicals products to Upper Egypt. The Ennpi and Petrojet consortium will be the contractor for implementing the project with an annual capacity of five million tons of crude oil. Egyptian Minister of Petroleum and Mineral Resources, the North African country is undertaking a development and modernization plan as well as expansion of refineries to secure fuel supplies for the present and future. By 2023, the country aims to reach self-sufficiency in petrochemicals products. As part of this plan, the government is undertaking five large projects in oil refining and petrochemicals with a total investment of more than US$ 14bn.