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#crude oil

The new diesel production complex in Assiut is 78 percent complete and is expected to be finished by December 2025.  With an investment of around USD 3 billion (EGP 147.6 billion), the project is progressing according to the planned timeline, reported the Ministry of Petroleum and Mineral Resources. As of 18 July, Egypt is set to launch an international tender in August to procure approximately 400,000 tons of diesel, according to Asharq Bloomberg. The project aims to help meet Upper…