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December 17, 2020
Cairo, Egypt – Today, the U.S. Trade and Development Agency awarded grants to the Amreya Petroleum Refining Company (“APRC”) and Suez Oil Processing Company (“SOPC”) for feasibility studies to modernize each company’s refinery.
“These grants are a part of USTDA’s ongoing collaboration with the Ministry of Petroleum and Mineral Resource to make Egypt a leading energy hub,” said Todd J. Abrajano, USTDA’s Chief Operating Officer and Head of Agency. “These grants to APRC and SOPC will increase the efficiency and profitability of their refineries, while reducing environmental impacts. USTDA’s involvement will also create significant business opportunities for American firms.”