Company profile
Egyptian Refining Company S.A.E.
Egyptian Refining Company S.A.E. (ERC) is an Egypt-based petroleum refining company operating a greenfield refinery at Mostorod, Qalyubia, adjacent to the Cairo Oil Refinery Company facility. Incorporated in July 2007, the company upgrades low-value fuel oil into lighter products with a nameplate capacity of 4.7 million tons per annum, including about 2.3 million tons of Euro V diesel, plus jet fuel, gasoline, naphtha, butane and by-products petroleum coke and sulphur. ERC sells its liquid output to the Egyptian General Petroleum Corporation under a 25-year offtake agreement priced at international benchmarks, with by-products sold on the open market.
- Sector
- Mining and natural resources / Petroleum Products, Chemicals, Oil Refining
- Markets
- Egypt
- Founded
- 2007
- Ownership
- Private
- Stage
- Corporate
- Capital raised
- $4.1bn
- Employees
- 500+
- Business model
- B2B Manufacturing
Products and services
Euro V Diesel, High-Octane Gasoline, Jet Fuel, Reformate, Naphtha, Butane & Liquefied Petroleum Gas, Petroleum Coke & Sulphur
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 13 Sep 2026 | Qalaa Holdings-led acquisition of QatarEnergy's 25.4% indirect stake in Egyptian Refining Company (ERC) for $420 million | Private Equity | $420m | Egypt |
Source: Partner Researchers.