Thursday, December 06, 2018
In the presence of His Excellency Eng. Tarek Al Mulla, Minister of Petroleum and Mineral resources MIDOR extraordinary General Assembly meeting was held On December 6, 2018

In the presence of His Excellency Eng. Tarek Al Mulla, Minister of Petroleum and Mineral resources MIDOR extraordinary General Assembly meeting was held On December 6, 2018

 

In the presence of His Excellency Eng. Tarek Al Mulla, Minister of Petroleum and Mineral resources, EGPC Chairman,  MIDOR Chairman, MIDOR Board of Directors members, MIDOR shareholders, the Central Auditing Agency and the Legal Advisor for MIDOR  Zaki Hashim Office,  MIDOR extraordinary General Assembly meeting was  held to present the current status for MIDOR refinery expansions from various contractual and financing aspects:

  • MIDOR and Technip contract with an amount of US$ 1.6983 billion.
  • The US$ 1.2 billion loan agreement between MIDOR, SACE and 3 international lending banks.
  • The Egyptian Ministry of Finance guarantee between the Egyptian Ministry of Finance and SACE with an amount of US$ 1.65 Billion.

Back to Business News
All Rights Reserved @ Midor 2015