Amr Mostafa

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Last quote by Amr Mostafa

I think AMOC will be the first company listed as part of the government listings programme. The listing will come out of the principal shareholder's share or from more than one shareholder's shares. We agreed with the (state-owned) Egyptian General Petroleum Corporation that we would start refining crude next month in Midor. We will start with around 350,000 barrels per month and the Corporation will buy the crude for us and we will sell the products back to them.feedback
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Feb 09 2017 Oil
Amr Mostafa has most recently been quoted in an article called Egypt's AMOC to make secondary share offering in Cairo and offer GDRs in London. Amr Mostafa said, “I think AMOC will be the first company listed as part of the government listings programme. The listing will come out of the principal shareholder's share or from more than one shareholder's shares. We agreed with the (state-owned) Egyptian General Petroleum Corporation that we would start refining crude next month in Midor. We will start with around 350,000 barrels per month and the Corporation will buy the crude for us and we will sell the products back to them.”.
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