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PetroSilah Petroleum plans to establish the first mobile oil refinery in Egypt, with production capacity of 10.000 barrels per day, chairman Taher Abdel Rahim announced Sunday.
Petrosilah is a joint venture between the state-run Egyptian General Petroleum Corporation (EGPC) and American oil company Merlon International.
Abdel Rehim stated that the station is set to be installed in Petrosilah’s concession areas to refine the crude oil, with investments estimated at US$5 million.
The mobile refining station will be the first of its kind in Egypt to bring significant economic returns, he noted.
