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Source: www.gulfoilandgas.com 11/15/2011, Location: Africa
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Agrium confirmed that MOPCO management has suspended operations at the MOPCO nitrogen facility in Damietta, Egypt, due to local demonstrations. MOPCO is majority owned by the Egyptian government. Agrium has a small (26 percent) equity position in the facility which has been in operation since 2008. MOPCO has also temporarily suspended construction on the expansion project which is adjacent to the existing facility.
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Unrest in MENA - The New Oil Order
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| Total Buys Shell's Retail Network in Egypt |
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Egypt >> 5/15/2013 - French oil company Total SA Wednesday confirmed it acquired Royal Dutch Shell PLC's fuel retail network in Egypt as part of its strategy to strengthen...
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