{"id":652102,"date":"2017-02-28T04:07:14","date_gmt":"2017-02-28T04:07:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/"},"modified":"2017-02-28T04:07:14","modified_gmt":"2017-02-28T04:07:14","slug":"qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/","title":{"rendered":"Qalaa\u2019s ERC in talks with Aramco, Shell over fuel imports"},"content":{"rendered":"

Qalaa Holdings subsidiary Egyptian Refining Company (ERC) is in talks with Saudi Aramco, Kuwait National Petroleum Company and Shell to import an additional 1.2 mn tonnes of feedstock needed for its operations at USD 3.7 bn refinery in Mostorod, ERC\u2019s Managing Director Mohamed Saad tells Youm7<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Qalaa Holdings subsidiary Egyptian Refining Company (ERC) is in talks with Saudi Aramco, Kuwait National Petroleum Company and Shell to import an additional 1.2 mn tonnes of feedstock needed for its operations at USD 3.7 bn refinery in Mostorod, ERC\u2019s Managing Director Mohamed Saad tells Youm7.<\/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-652102","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3c528705-7b67-4479-b4e2-c835eeaf2748","order":"0","is_powered_by":true,"section_story_id":"e3d64d77-75de-4002-90fe-1c626447e652","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652066],"teaser":"","voice_url":""},"yoast_head":"\nQalaa\u2019s ERC in talks with Aramco, Shell over fuel imports - 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\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qalaa\u2019s ERC in talks with Aramco, Shell over fuel imports\" \/>\n<meta property=\"og:description\" content=\"Qalaa Holdings subsidiary Egyptian Refining Company (ERC) is in talks with Saudi Aramco, Kuwait National Petroleum Company and Shell to import an additional 1.2 mn tonnes of feedstock needed for its operations at USD 3.7 bn refinery in Mostorod, ERC\u2019s Managing Director Mohamed Saad tells Youm7.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-28T04:07:14+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\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qalaa\u2019s ERC in talks with Aramco, Shell over fuel imports\",\"datePublished\":\"2017-02-28T04:07:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/qalaas-erc-in-talks-with-aramco-shell-over-fuel-imports\/\",\"name\":\"Qalaa\u2019s ERC in talks with Aramco, Shell over fuel imports - 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The refinery was initially set to begin production by the end of 2017 and ERC Managing Director Mohamed Saad said the project is 93% ready. ERC has\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":[]},{"id":602947,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/10\/qalaa-holdings-completes-trial-runs-for-two-erc-units\/","url_meta":{"origin":652102,"position":1},"title":"Qalaa Holdings completes trial runs for two ERC units","author":"enterpriseam admin","date":"10 April 2019","format":false,"excerpt":"Qalaa Holdings has successfully completed trial runs for the CCR and VDU units of its Egyptian Refining Company (ERC), the company said in an EGX disclosure (pdf). The company has supplied the Egyptian General Petroleum Corporation with about 100k tonnes of low-sulfur petroleum products (diesel, naphtha, octane and gasoline) since\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":[]},{"id":624318,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/qalaa-in-talks-to-increase-stake-in-erc-through-capital-increase\/","url_meta":{"origin":652102,"position":2},"title":"Qalaa in talks to increase stake in ERC through capital increase","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"** #6 Qalaa Holdings is in talks to increase its stake in the Egyptian Refining Company (ERC) through a capital increase, Managing Director Hisham El Khazindar said yesterday. The refinery is now 98% complete and is expected to be a major driver of revenue expansion starting next year. El Khazindar\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":600892,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egypt-reveals-winners-of-oil-and-gas-bid-round\/","url_meta":{"origin":652102,"position":3},"title":"Egypt reveals winners of oil and gas bid round","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"The deluge of oil and gas news continues thanks to the second day of the Egypt Petroleum Show. Key takeaways from the second day of the gathering are below, and you can check our wrap-up of day one here. Shell wins big in oil and gas bid rounds, ExxonMobil to\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\/2022\/9\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554247,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/qalaa-looking-at-africa-says-erc-still-in-talks-on-debt-restructuring\/","url_meta":{"origin":652102,"position":4},"title":"Qalaa looking at Africa, says ERC still in talks on debt restructuring","author":"enterpriseam admin","date":"27 December 2021","format":false,"excerpt":"Qalaa Holdings is looking to expand its investments in African mining and energy firms, including in Tanzania, Mozambique and Ghana, Qalaa Chairman and Founder Ahmed Heikal told CNBC on Thursday. 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