{"id":633996,"date":"2018-01-02T04:29:22","date_gmt":"2018-01-02T04:29:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/"},"modified":"2018-01-02T04:29:22","modified_gmt":"2018-01-02T04:29:22","slug":"procedures-for-suez-petrochem-complex-initiated","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/","title":{"rendered":"Procedures for Suez petrochem complex initiated"},"content":{"rendered":"<p>The government has initiated procedures for the establishment of a petrochemical complex in Suez, Oil Minister Tarek El Molla said in a <a href=\"http:\/\/gate.ahram.org.eg\/News\/1764845.aspx\">press statement carried by Ahram Gate<\/a>. The USD 10.5 bn complex was <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/20\/usd-10-5-bn-petrochemicals-complex-is-being-planned-in-suez\/\">announced back in July<\/a> and comes as part the national strategy to turn Egypt into a petrochemical hub by boosting investments in refineries to meet domestic and regional demand. El Molla also added that the Natural Gas Act, <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/20\/market-to-operate-under-natgas-law-executive-regulations-by-february\/\">due to be enacted in February<\/a>, will support refinery projects being established in the future, such as Qalaa Holdings subsidiary Egyptian Refining Company\u2019s Mostorod refinery, which is expected to begin production this year. The refinery was initially set to begin production by the end of 2017, but the timeline <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/02\/erc-faces-delays-to-begin-production-in-2q2018\/\">was pushed to 2Q2018<\/a> following construction delays.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has initiated procedures for the establishment of a petrochemical complex in Suez, Oil Minister Tarek El Molla said in a press statement carried by Ahram Gate. The USD 10.5 bn complex was announced back in July and comes as part the national strategy to turn Egypt into a petrochemical hub by boosting investments [&hellip;]<\/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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633996","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"298aad8f-2518-4ab4-97d5-416e4f45ed30","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Procedures for Suez petrochem complex initiated","related_issue":[633965],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.fb1db709-cf98-4cb0-ae9e-a5782fa3ee10.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Procedures for Suez petrochem complex initiated - 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\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procedures for Suez petrochem complex initiated\" \/>\n<meta property=\"og:description\" content=\"The government has initiated procedures for the establishment of a petrochemical complex in Suez, Oil Minister Tarek El Molla said in a press statement carried by Ahram Gate. The USD 10.5 bn complex was announced back in July and comes as part the national strategy to turn Egypt into a petrochemical hub by boosting investments [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-02T04:29:22+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\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Procedures for Suez petrochem complex initiated\",\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/procedures-for-suez-petrochem-complex-initiated\/\",\"name\":\"Procedures for Suez petrochem complex initiated - 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The agreement, signed on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542731,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/mining-cities-and-egypts-first-gold-refinery-coming-soon-el-molla\/","url_meta":{"origin":633996,"position":1},"title":"Mining \u201ccities\u201d and Egypt\u2019s first gold refinery coming soon -El Molla","author":"enterpriseam admin","date":"13 January 2022","format":false,"excerpt":"Egypt plans to develop industrial mining \u201ccities\u201d for the extraction of gold, copper, and phosphate, Bloomberg Asharq quoted Oil Minister Tarek El Molla as saying yesterday at the Future Minerals Forum in Riyadh. The zones would extract and process gold in the Eastern Desert, phosphates in the Western Desert, and\u2026","rel":"","context":"In &quot;Mining&quot;","block_context":{"text":"Mining","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/mining\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569106,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/13\/egypt-signs-several-oil-and-gas-agreements-mulls-even-more\/","url_meta":{"origin":633996,"position":2},"title":"Egypt signs several oil and gas agreements, mulls even more","author":"enterpriseam admin","date":"13 February 2020","format":false,"excerpt":"The volume of oil and gas news stepped up a gear yesterday amid a flurry of activity on the second day of the Egypt Petroleum Show (EGYPS). The key takeaways and announcements: ECHEM signs agreement with previously unknown English consortium for USD 8.5 bn Alamein petrochem facility: The Egyptian Petrochemicals\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555908,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/03\/another-petchem-complex-in-the-sczone\/","url_meta":{"origin":633996,"position":3},"title":"Another petchem complex in the SCZone","author":"enterpriseam admin","date":"3 October 2021","format":false,"excerpt":"Anchorage Investments is looking to build a USD 2.5 bn petrochemical complex in the Suez Canal Economic Zone (SCZone), according to a company statement (pdf). The company will produce a range of petrochemical products and natural gas derivatives, including propylene and polypropylene, and will look to gradually increase the number\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/27.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574949,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/28\/the-inauguration-of-the-mostorod-petrochemical-complex-was-the-top-story-on-last-nights-talk-shows\/","url_meta":{"origin":633996,"position":4},"title":"The inauguration of the Mostorod petrochemical complex was the top story on last night\u2019s talk shows","author":"enterpriseam admin","date":"28 September 2020","format":false,"excerpt":"The grand opening of the Egyptian Refinery Company\u2019s Mostorod petrochemical complex yesterday was the top story on the talk shows last night. Consumer protection, school fees and the auto market also got a look-in on a night that was otherwise dominated by the refinery. Qalaa Holdings Chairman Ahmed Heikal took\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575056,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/your-top-infrastructure-stories-5\/","url_meta":{"origin":633996,"position":5},"title":"Your top infrastructure stories","author":"enterpriseam admin","date":"30 September 2020","format":false,"excerpt":"Your top infrastructure stories for the week include: Egyptian Refining Company\u2019s USD 4.3 bn Mostorod petrochemical refinery \u2014 the largest private sector project of its kind in Africa \u2014 was inaugurated this week.The deadline to settle with the government for illegal construction has been pushed to 31 October and buildings\u2026","rel":"","context":"In \"building code\"","block_context":{"text":"building code","link":"https:\/\/enterpriseam.com\/egypt\/tag\/building-code\/"},"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\/633996","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=633996"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633996\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/633965"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=633996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=633996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=633996"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=633996"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=633996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}