{"id":1426,"date":"2018-04-02T13:00:00","date_gmt":"2018-04-02T13:00:00","guid":{"rendered":"http:\/\/127.0.0.1:8081\/?page_id=114"},"modified":"2018-04-02T13:00:00","modified_gmt":"2018-04-02T13:00:00","slug":"riad-riad-advises-gs-engineering-construction-corporation-finance-restructure-egypts-largest-oil-refinery-project-mostorod","status":"publish","type":"post","link":"https:\/\/riad-riad.com\/riad-riad-advises-gs-engineering-construction-corporation-finance-restructure-egypts-largest-oil-refinery-project-mostorod\/","title":{"rendered":"Riad &#038; Riad advises GS Engineering &#038; Construction Corporation on the finance restructure of Egypt&#8217;s largest oil refinery project in Mostorod"},"content":{"rendered":"<p>Riad &amp; Riad advised <abbr title=\"GS Engineering &#038; Construction Corporation\">GS<\/abbr> Engineering &amp; Construction Corporation (&quot;<abbr title=\"GS Engineering &#038; Construction Corporation\">GS<\/abbr>&quot;) as local counsel with the international law firm DLA Piper on the settlement with <abbr title=\"the Egyptian Refining Company \u2013 Takrir\">ERC<\/abbr> on a finance restructuring of the project in a value of USD 500 million.<br \/>\n<abbr title=\"GS Engineering &#038; Construction Corporation\">GS<\/abbr> is a leading South Korean company specialized in the construction of large scale industrial and oil and gas work.<br \/>\n<abbr title=\"GS Engineering &#038; Construction Corporation\">GS<\/abbr> and Mitsui &amp; Co. of Japan as a consortium are awarded the engineering, procurement and construction (<abbr title=\"the engineering, procurement and construction\">EPC<\/abbr>) contract on a lump-sum turnkey basis for the construction of Egypt&#8217;s largest oil refinery project developed by the Egyptian Refining Company \u2013 Takrir (<abbr title=\"the Egyptian Refining Company \u2013 Takrir\">ERC<\/abbr>).<br \/>\nThe project is a greenfield refinery with investment cost of more than USD 4 billion and is expected to produce 2.25 million tons of diesel, 80,000 tons of butane gas and 600,000 tons of jet fuel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riad &#038; Riad advised GS Engineering &#038; Construction Corporation as local counsel with the international law firm DLA Piper on the settlement with the Egyptian Refining Company \u2013 Takrir on a finance restructuring of the project in a value of USD 500 million.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Riad &amp; 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