Qalaa’s ERC goes online in 3Q2019: Egyptian Refining Company (ERC)’s USD 4.3 bn facility will be up and running in the third quarter of the year, Qalaa Holdings, the company leading the project, said in an EGX disclosure (pdf). The facility is now 99.28% complete, and is running trial operations until the second quarter, the statement adds. Qalaa Chairman Ahmed Heikal has previously said the new plant will satisfy about 14 percent of Egypt’s annual need for liquid oil products.

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