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Egypt plans $4.5bn refinery upgrade to cut fuel imports

By CityCalc Newsroom · Wed Sep 02 2026 · Source: AGBI

Egypt plans to invest $4.5 billion upgrading its oil refineries as the country seeks to reduce its reliance on imported fuel. Energy and mineral resources minister Karim Badawi said Egyptian refineries are operating at 80 percent of capacity compared with 66 percent two years ag…

Egypt plans to invest $4.5 billion upgrading its oil refineries as the country seeks to reduce its reliance on imported fuel. Energy and mineral resources minister Karim Badawi said Egyptian refineries are operating at 80 percent of capacity compared with 66 percent two years ag…

Curated by CityCalc from AGBI. Read the full article at the source.

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