{"id":631493,"date":"2018-03-20T04:03:35","date_gmt":"2018-03-20T04:03:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/"},"modified":"2018-03-20T04:03:35","modified_gmt":"2018-03-20T04:03:35","slug":"amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/","title":{"rendered":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions"},"content":{"rendered":"

<\/a> AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions: <\/strong>Alexandria Mineral Oils Company (AMOC), one of the companies that will list shares in the state IPO program, has reportedly reached an agreement with five international and local banks to finance the company\u2019s USD 500 mn oil refinery project, AMOC sources told Daily News Egypt<\/a> on Sunday. Among the list of funders were the International Finance Corporation and the European Bank for Reconstruction and Development, the sources added. Feasibility studies for the project, which comes as part of the Oil Ministry\u2019s plan to eliminate the use of oil fuel by 2021 by refining it and converting it to other high value products, will be completed next month.<\/p>\n","protected":false},"excerpt":{"rendered":"

AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions: Alexandria Mineral Oils Company (AMOC), one of the companies that will list shares in the state IPO program, has reportedly reached an agreement with five international and local banks to finance the company\u2019s USD 500 mn oil refinery project, AMOC sources told Daily News […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631493","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9f2d08fe-0cc4-4c73-9f71-fa00292fa53c","order":"0","is_powered_by":true,"section_story_id":"40e081be-e2a3-40a1-82cd-01a9f1202601","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631485],"teaser":"","voice_url":""},"yoast_head":"\nAMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions\" \/>\n<meta property=\"og:description\" content=\"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions: Alexandria Mineral Oils Company (AMOC), one of the companies that will list shares in the state IPO program, has reportedly reached an agreement with five international and local banks to finance the company\u2019s USD 500 mn oil refinery project, AMOC sources told Daily News […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-20T04:03:35+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions\",\"datePublished\":\"2018-03-20T04:03:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\"},\"wordCount\":129,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\",\"name\":\"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-03-20T04:03:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/","og_locale":"en_US","og_type":"article","og_title":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions","og_description":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions: Alexandria Mineral Oils Company (AMOC), one of the companies that will list shares in the state IPO program, has reportedly reached an agreement with five international and local banks to finance the company\u2019s USD 500 mn oil refinery project, AMOC sources told Daily News […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-03-20T04:03:35+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions","datePublished":"2018-03-20T04:03:35+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/"},"wordCount":129,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/","name":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-03-20T04:03:35+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/20\/amoc-reaches-usd-500-mn-funding-agreement-with-intl-finance-institutions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"AMOC reaches USD 500 mn funding agreement with int\u2019l finance institutions"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":631606,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/amoc-says-it-has-not-reached-financing-agreement-still-weighing-its-options\/","url_meta":{"origin":631493,"position":0},"title":"AMOC says it has not reached financing agreement, still weighing its options","author":"enterpriseam admin","date":"22 March 2018","format":false,"excerpt":"The Alexandria Mineral Oils Company (AMOC) is still considering options to finance its USD 500 mn oil refinery project, according to a statement to EGX. The company denied reports it has already reached an agreement with international finance institutions, as reported by the Daily News Egypt earlier this week, saying\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":643110,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/30\/amoc-studying-investing-usd-500-mn-on-fuel-oil-refining-complex\/","url_meta":{"origin":631493,"position":1},"title":"AMOC studying investing USD 500 mn on fuel oil refining complex","author":"enterpriseam admin","date":"30 August 2017","format":false,"excerpt":"INVESTMENT WATCH- State-owned Alexandria Mineral Oils Company (AMOC) is considering spending USD 500 mn on a fuel oil refining project, chairman Amr Mostafa tells Al Mal. Technical studies are being drafted and are expected to be completed before year-end. The company is also issuing a tender for the development of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627296,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/cihc-hopes-to-raise-over-egp-3-bn-from-sale-of-stake-in-eastern-company-abu-qir-fertilizers\/","url_meta":{"origin":631493,"position":2},"title":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"CIHC hopes to raise over EGP 3 bn from sale of stake in Eastern Company, Abu Qir Fertilizers: The Chemical Industries Holding Company (CIHC) is hoping to raise more than EGP 3 bn from the sale of stakes in Eastern Company and Abu Qir Fertilizers on the EGX later this\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650983,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/oil-ministry-investing-usd-50-mn-into-amoc\/","url_meta":{"origin":631493,"position":3},"title":"Oil Ministry investing USD 50 mn into AMOC","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"The Oil Ministry is investing USD 50 mn to upgrade production units at the Alexandria Mineral Oils Company (AMOC), Oil Minister Tarek El Molla told Al Masry Al Youm. The upgrades will increase production standards and capacity, as well as reduce production costs, AMOC Chairman Amr Mostafa said.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563819,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/opec-finally-reaches-an-agreement-to-raise-oil-supply\/","url_meta":{"origin":631493,"position":4},"title":"OPEC+ finally reaches an agreement to raise oil supply","author":"enterpriseam admin","date":"25 July 2021","format":false,"excerpt":"OPEC+ finally reached an agreement last Sunday to gradually increase production until the end of 2022, according to the Financial Times. From August until the end of next year, OPEC+ will add 400k barrels per day each month, extending the supply cuts to December 2022 instead of April. This will\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622075,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/uss-chevron-and-frances-axens-show-interest-in-amoc-refinery-project\/","url_meta":{"origin":631493,"position":5},"title":"US\u2019s Chevron and France\u2019s Axens show interest in AMOC refinery project","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"The US\u2019s Chevron and France\u2019s Axens are bidding to take part in Alexandria Mineral Oils Company\u2019s (AMOC) to upgrade its fuel refinery facility, CEO Amr Mostafa said. The two oil companies will present technical and financial proposals to AMOC by the end of December, said Mostafa, without specifying whether they\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=631493"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631493\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631485"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631493"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631493"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}