ERC

Project Brief : To address the increased demand for refined oil products in Egypt, the Egyptian Refining Company was established in July 2007 as a Law 8 Company to design, construct and operate a new petroleum processing facility adjacent to the existing Cairo Oil Refinery Company (CORC), which was built in 1969. ERC will further process products from CORC to produce additional high-quality petroleum products essential to Cairo and Upper Egypt consumers. CORC and the related storage facilities of the Petroleum Pipeline Company (PPC) are located in the Mostorod Petroleum Complex, 20 km northeast of Cairo in Qalyoubia Governorate. ERC has signed a lump sum turn-key Engineering, Procurement and Construction (EPC) contract with a consortium consisting of GS Engineering & Construction of South Korea and Mitsui & Co. of Japan for the construction of the Project. Construction began in 2012 with plant operations continuing for 25 years. The total cost of the Project, including financing costs, is expected to be approximately USD 3.7 billion. The prominent firm of Worley Parsons is providing project management consultancy services.

Specfications