{"id":637249,"date":"2017-11-12T04:00:21","date_gmt":"2017-11-12T04:00:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/"},"modified":"2017-11-12T04:00:21","modified_gmt":"2017-11-12T04:00:21","slug":"el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/","title":{"rendered":"El Sokhna Refinery secures USD 1.4 bn in funding for its refinery"},"content":{"rendered":"<p>El Sokhna Refinery & Petrochemicals has secured USD 1.4 bn in funding for phase one of its refinery plant from an unnamed consortium of European and Chinese lenders, company <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1217120\">sources tell AMAY<\/a>. The funding will cover the development of 85% of phase one, and the company plans to finance the rest through loans from local banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Sokhna Refinery &#038; Petrochemicals has secured USD 1.4 bn in funding for phase one of its refinery plant from an unnamed consortium of European and Chinese lenders, company sources tell AMAY. The funding will cover the development of 85% of phase one, and the company plans to finance the rest through loans from local [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637249","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5dea192c-3fc6-44a9-9dd5-a101f89d1a34","order":"0","is_powered_by":true,"section_story_id":"4ac24fb4-f601-4064-aee4-d2d6615e08e8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637211],"teaser":"","voice_url":""},"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>El Sokhna Refinery secures USD 1.4 bn in funding for its refinery - 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\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sokhna Refinery secures USD 1.4 bn in funding for its refinery\" \/>\n<meta property=\"og:description\" content=\"El Sokhna Refinery &amp; Petrochemicals has secured USD 1.4 bn in funding for phase one of its refinery plant from an unnamed consortium of European and Chinese lenders, company sources tell AMAY. The funding will cover the development of 85% of phase one, and the company plans to finance the rest through loans from local [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-12T04:00:21+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sokhna Refinery secures USD 1.4 bn in funding for its refinery\",\"datePublished\":\"2017-11-12T04:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/el-sokhna-refinery-secures-usd-1-4-bn-in-funding-for-its-refinery\/\",\"name\":\"El Sokhna Refinery secures USD 1.4 bn in funding for its refinery - 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A syndicate of six European banks put pens to paper on the sidelines of the Egypt\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563619,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/11\/bechtel-inks-two-agreements-for-ain-sokhnas-usd-7-5-bn-petchem-complex\/","url_meta":{"origin":637249,"position":1},"title":"Bechtel inks two agreements for Ain Sokhna\u2019s USD 7.5 bn petchem complex","author":"enterpriseam admin","date":"11 July 2021","format":false,"excerpt":"Bechtel will design Africa\u2019s largest petchem complex: US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National Refining and Petrochemicals Company in the Ain Sokhna industrial zone under two agreements signed with the Oil Ministry over\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572815,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/technip-signs-usd-1-bn-contract-for-assiut-refinery\/","url_meta":{"origin":637249,"position":2},"title":"Technip signs USD 1 bn+ contract for Assiut refinery","author":"enterpriseam admin","date":"9 July 2020","format":false,"excerpt":"Technip signs USD 1 bn+ contract for Assiut refinery: French construction firm Technip has signed an engineering, procurement and construction contract worth more than USD 1 bn to build a hydrocracking complex for the Assiut Oil Refining Company, Technip said in a statement. The complex will produce around 2.8 mn\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637649,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/shaya-eyes-new-admin-capital-mall\/","url_meta":{"origin":637249,"position":3},"title":"Shaya eyes new admin capital mall","author":"enterpriseam admin","date":"21 November 2017","format":false,"excerpt":"Investment Minister Sahar Nasr sat down with the head of Kuwaiti franchise conglomerate Mohamed Al Shaya to discuss the possibility of building a mall in the new administrative capital on Monday,according to a ministry statement. The Avenues Mall would potentially be attached to a hotel or medical complex. Nasr also\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555908,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/03\/another-petchem-complex-in-the-sczone\/","url_meta":{"origin":637249,"position":4},"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":562054,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/05\/is-egypt-going-to-build-two-massive-petrochem-complexes-in-ain-sokhna\/","url_meta":{"origin":637249,"position":5},"title":"Is Egypt going to build two massive petrochem complexes in Ain Sokhna?","author":"enterpriseam admin","date":"5 May 2021","format":false,"excerpt":"Ain Sokhna could be getting (another) huge USD 7.5 bn petchem complex: The Suez Canal Economic Zone has signed a USD 7.5 bn agreement with the Red Sea National Refining and Petrochemicals Company to build a petrochemical complex in the Ain Sokhna industrial zone, cabinet said in a statement out\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\/5\/37.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637249","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=637249"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637249\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637211"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637249"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637249"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}