Egypt - Egyptian Refining Company Project (ERC)

Project Summary

Approval Date	17 Mar 2010
Signature Date	09 Aug 2010
Sovereign / Non-Sovereign	Non Sovereign
Sector	Power
DAC Sector Code	23330
Environmental Category	1
Commitment	U.A 151,979,148.46
Status	Completion

Project General Description

The Egyptian Refining Company (ERC) responds to increasing demand for refined oil products in Egypt. It will upgrade the existing Cairo Oil Refining Company (CORC) refinery with additional product processing units. The ERC will further process products from the existing CORC refinery to produce additional high-quality petroleum products essential to Cairo and Upper Egypt consumers. This Project, which is to be located in the Mostorod District in the Qalyoubia Governorate 40 km outside Cairo, will be built within the existing Mostorod Petroleum Complex. Non-operating facilities such as offices, warehouses and workshops will be located on the site previously occupied by Chini, Misr Aluminum and El Nasr Glass factories near El Karatssa. Construction activity will be over a three-year period. The operational lifespan of the facility is expected to be approximately 25 years.

Project Objectives

The project aims to upgrade the existing Cairo Oil Refining Company (CORC) refinery with additional product processing units.

Beneficiaries

The project will benefit the entire Egyptian population.

Participating Organization

Funding

African Development Bank

Information

IATI identifier	46002-P-EG-FC0-002
Last Update	31 Jan 2023

Export

Contact Details

Email	private-sector@afdb.org

Geographic Location

Country	Egypt

Coordinates	Location Name
30.1427 31.2981	Mostorod

Project Classification

Finance Type	Aid Loan Excluding Debt Reorganisation
Flow Type	OOF
Aid Type	Project Type Interventions

Commitments

U.A 151,979,148

African Development Bank

U.A 151,979,148.46

Document Type	Language	Document
Environmental Study	en	Egypt ERC EIES Non-TechnicalSummary Final March18 2009
Environmental Study	en	ERCS ESIA Addendum - Abbreviated RAP - EN
Environmental Study	fr	ERCS ESIA Addendum - Abbreviated RAP FR
Environmental Study	fr	Projet de société égyptienne de raffinage - Etude d’impact environnemental et social - résumé non technique
Appraisal report	en	viewer

Indicator	Indicator Measure	Target Year	Target Value
CO2 emission reduced	Ton/Year	2010	186000
Greenhouse gas emissions reduction	%	2010	75 - 93
Providing portable gas emission detection measurement meters	None	2010	Yes
Incorporating an oil filter into the CORC Facilities upstream of the waste water discharge	None	2010	Yes
Jobs created (Staff recruited long-term jobs)	Number	2010	700
Jobs created (Staff recruited long-term jobs) - of which women	Number	2010	350
Jobs created (Staff recruited temporary jobs)	Number	2010	7000
Jobs created (Staff recruited temporary jobs) - of which women	Number	2010	3500
Increasing opportunities for ancillary services such as food services and transportation	None	2010	Yes
Providing skills training to equip community members with Project-required skills	None	2010	Yes
Investing in community social / health programs for women and children	None	2010	Yes
Working with community NGOs to ensure socio-economic development	None	2010	Yes
Providing capacity building for community NGOs	None	2010	Yes
Deploying Community Liaison Officers to manage community expectations and concerns and build positive relationships	None	2010	Yes
Establishing Community Development Centers as focal points of Project activities in the communities	None	2010	Yes