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Sonker Refi

Sector: Water Supply and Storage • Location: Egypt, Arab Republic of

Source: International Finance Corporation (IFC)

Project
Pending

 The proposed investment is a debt facility to Sonker Bunkering Company (“Sonker” or the “Project Company”), established by the Egyptian Amiral Petroleum Services S.A.E (“Amiral” or the “Sponsor”) to refinance its Liquid Bulk Terminal (“LBT”) in the Sokhna Port on the Red Sea in Egypt (the “Project”).  The Project is a modern, state-of-the-art facility completed in 2020 that allows Egypt to reduce

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The project “Sonker Refi” is an infrastructure initiative in the Water Supply and Storage sector, located in Egypt, Arab Republic of. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

 The proposed investment is a debt facility to Sonker Bunkering Company (“Sonker” or the “Project Company”), established by the Egyptian Amiral Petroleum Services S.A.E (“Amiral” or the “Sponsor”) to refinance its Liquid Bulk Terminal (“LBT”) in the Sokhna Port on the Red Sea in Egypt (the “Project”).  The Project is a modern, state-of-the-art facility completed in 2020 that allows Egypt to reduce its cost of importation of vital products such as Liquified Petroleum Gas (“LPG”), a predominant fuel for cooking in Egypt, and Gasoil used for transportation purposes.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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