Sidi Kerir: Gas Supplies to be Halted for 5 Days as of June 1st

By Yomna Yasser On May 19, 2014

Egypt’s Sidi Kerir Petrochemicals Co – Sidpec (SKPC.CA) announced that gas supplies to its production plants will be halted completely for five working days effective as of early June, 2014.

Sidpec has attributed the suspension to an extraordinary maintenance carried by western desert gas complex.

Elsewhere, Sidpec’s financial results for first quarter of 2014, showed EGP 229 million (US$32.177 million) net profit with decline of 28%, from EGP 317 million in the same period year earlier.