News
06 August 2018

Afreximbank disburses $200m to Egyptian General Petroleum Corporation

In:
Oil & gas
Region:
Middle East & Africa

The African Export-Import Bank (Afreximbank) has disbursed $200 million to the Egyptian General Petroleum Corporation (EGPC) to support the company's investment in the Middle East Oil Refinery Company (MIDOR). EGPC established MIDOR in 1994 and holds 98% of the shares while the rest of the...

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