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  • How has the production of cottonseed oil changed in Egypt?
  • According to that Figure, it is quite clear that the production of cottonseed oil in Egypt has been decreased greatly over the years from 1969 whereby it was 125 thousand tons oil in 1969 to 10 thousand tons only in 2019. 2.
  • How many oil refineries are in Egypt?
  • In Egypt, nine out of ten oil refineries are run by the state. This setup meant that investments in oil refineries never measured up to crude oil extraction investments, which had always relied on international firms such as Apache and BP.
  • When was crude oil produced from cottonseed?
  • Due to the progress in cotton ginning industry and the increase of cottonseed production as a byproduct of this industry, the production of a crude oil from cottonseed has been established in USA in 1799 (Jennings, 2010).
  • Which is Egypt's biggest refinery?
  • In terms of refining capacity, CORC is Egypt’s biggest refinery. It was established in 1982 by EGPC, which owns 100% of its shares. CORC has two refineries. One is in Mostorod with a maximum production capacity of 142,000 barrels a day. The other is in Tanta whose production capacity is 35,000 barrels a day.
  • How much money did Egypt invest in oil refineries in 2015/2016?
  • In fiscal year 2015/2016, investments in refineries topped EGP 724 million compared to EGP 4.11 billion for oil extraction firms, according to the Central Bank of Egypt (CBE).
  • What is Egypt's oil refining capacity?
  • Meanwhile, sporadic upgrades have pushed Egypt’s maximum oil refining capacity to 732,550 barrels a day by the end of 2016, according to the Egyptian General Petroleum Corporation (EGPC).