Egyptian refinery EIB loan struggles for bank guarantees

The US$3 billion plus Mostorod refinery near Cairo is likely to come to market by either the end of 2009 or most likely the start of 2010, with sponsor Egyptian Refining Company (ERC) is looking for more than US$2 billion in debt [Projects Database].

Blurred image of IJGlobal article content
Blurred image of IJGlobal article related content