Announced "Qatar Petroleum International," it has entered into a partnership with the company "Orient" and Egyptian General Petroleum Corporation to build a new oil refinery in Egypt via the Egyptian Refining Company, which was established to create those refinery at a cost of roughly 22 billion pounds, equivalent to about 3.61 billion dollars.
He engineer Osama Kamal, Minister of Petroleum and Mineral Resources of Egypt, that the declaration of Qatar for its participation in the new refinery project comes within the framework of the fruitful cooperation between the two countries.
The news agency quoted the country "QNA" Petroleum Minister, saying that this giant project contributes to meet domestic demand in Egypt on petroleum products, and at the same time has a high economic feasibility of light availability is a growing market for its products, which is in the common interest of all parties.
It was also considered, in a speech ahead of his meeting with Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry and Chairman of Qatar Petroleum, that that contribution is a first step to further cooperation between the two countries in the fields of oil, gas and petrochemicals, pointing to encourage the Egyptian government for Arab investments and private Qatari those areas.
Kamal added that Egypt is looking to strengthen cooperation with Qatar, especially in the promising opportunities for investment in the field of import liquefied natural gas from Qatar and the establishment of units capable of receiving liquefied natural gas in Egypt for industrial uses, power generation and petrochemical industry for the benefit of the two countries.
On the other hand, Kamal said, in a press statement after talks with the country side, headed by Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, said the discussions with the Qatari side, including talks import Egypt LNG country was good and fruitful, and expressed the hope that bear fruit soon .
He engineer Osama Kamal, Minister of Petroleum and Mineral Resources of Egypt, that the declaration of Qatar for its participation in the new refinery project comes within the framework of the fruitful cooperation between the two countries.
The news agency quoted the country "QNA" Petroleum Minister, saying that this giant project contributes to meet domestic demand in Egypt on petroleum products, and at the same time has a high economic feasibility of light availability is a growing market for its products, which is in the common interest of all parties.
It was also considered, in a speech ahead of his meeting with Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry and Chairman of Qatar Petroleum, that that contribution is a first step to further cooperation between the two countries in the fields of oil, gas and petrochemicals, pointing to encourage the Egyptian government for Arab investments and private Qatari those areas.
Kamal added that Egypt is looking to strengthen cooperation with Qatar, especially in the promising opportunities for investment in the field of import liquefied natural gas from Qatar and the establishment of units capable of receiving liquefied natural gas in Egypt for industrial uses, power generation and petrochemical industry for the benefit of the two countries.
On the other hand, Kamal said, in a press statement after talks with the country side, headed by Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, said the discussions with the Qatari side, including talks import Egypt LNG country was good and fruitful, and expressed the hope that bear fruit soon .
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