Egypt’s Ministry of Petroleum and Mineral Resources signed two grant agreements with the US Trade and Development Agency on Thursday worth US$1.4 million enabling the Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) to conduct feasibility studies to modernize each company’s refinery. US Ambassador to Egypt Jonathan R. Cohen said that, “These grant agreements underscore the mutual focus of Egypt and the United States on expanding the robust trade and investment relationship between our countries. They will also help Egypt achieve its goal of becoming a regional energy hub, which is also a priority for the United States.” Egypt’s Minister of Petroleum and Mineral
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