Libyan company Tamoil invests $ 5 billion in Egyptian projects largest Libyan oil company Tamoil and Trade has announced new investment projects in Egypt. An agreement on this was reached during the recent visit of Egyptian President Hosni Mubarak in Libya.Total investment is anticipated at $ 5 billion project includes the construction of new refineries in Egypt, capable of processing 250 thousand barrels of oil a day, the reconstruction of one of the oldest refinery and a network of 500 filling stations, reports Reuters.
