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Thursday, 14 June 2018

ERC begins running boilers after connecting refinery with power and gas

Egyptian Refining Company fires up boilers after connecting refinery to power and gas: Qalaa Holdings’ Egyptian Refining Company (ERC) has begun running the USD 4.3 bn Mostorod refinery’s boilers, Qalaa said in a regulatory filing on Wednesday (pdf). The trial runs took place as the refinery was hooked up to electricity and gas, the statement added. The move comes ahead of the launch of trial operations at ERC, which Qalaa Holdings Chairman Ahmed Heikal said would take place in November. Qalaa had said in its most recent earnings statement that the refinery, Egypt’s largest in-process private-sector megaproject, would be up and running by 2019.

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