Eng. Ahmed Abbas Madany, CEO, Suez Oil Processing CO., Salah Naseem Street, P.O. Bag El-Maamal, Suez, Egypt, Tel: (20-6) 2-360320/3, Fax: (20-6) 2-360345

B -- EGYPT: DELAYED COKER FACILITY FEASIBILITY STUDY POC Evangela Kunene, USTDA, 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131, Tel: (703) 875-4357, Fax: (703) 875-4009 Egypt: Delayed Coker Facility Feasibility Study. The Grantee invites submission of qualifications and proposal data (collectively referred to as the "Proposal") from interested U.S. firms which are qualified on the basis of experience and capability to develop a feasibility study for the construction and operation of a delayed coker facility in Egypt. Presently, Egypt has eight refineries, all wholly owned and operated by the Egyptian General Petroleum Corporation (EGPC), the private, state-owned oil company. The refineries have a combined capacity of about 30 million tons per year or 575,000 BPD. Crude distillation capacities of the Egyptian refineries range from 1.4 to 8.2 MM tons per year, an amount which is small compared to the international average of about 10 MM tons per year for the same level of BPD. At present, none of the refineries, except for an outdated, delayed coker in the Suez Oil Processing Company (SOPC), have cracking facilities to upgrade residual fuel oil to higher value products.As a result, products such as Naphtha and Fuel Oil (representing 30% of production) are exported as low value products while some high value products such as jet fuel and diesel fuel are imported at a high cost in foreign exchange earnings. To improve its high value production capabilities, the EGPC has embarked upon a $4 billion modernization plan of its refinery facilities. Since 1995, it is estimated that nearly $500 million has been invested by the government in its existing refineries and over $2 billion worth of projects have been commenced with private sector involvement. Following the model used in other recent, successful Egyptian refinery projects, the SOPC has decided to form a new, private company to increase its capability of coking residual oils generated on a regional basis. The delayed coker, which processes residual fuel and asphalt generated at the EGPC-owned refineries, will be owned by this new company and will process approximately 1.5 million tons /year. However, an optimization of plant capacity will be made according to the final configuration of the plant. SOPC plans to continue the operation of its existing delayed coker (which is presently undergoing an upgrade to increase operating production from 60% to 100%) and believes that the market will provide adequate feedstock for both units. The feasibility study for this project will be focused on the following tasks: 1) Market Analysis, 2) Economic Analysis, 3) Detailed Technical Assessment, 4) Environmental Impact Assessment, and 5) Project Reports. The study has been estimated by TDA to cost US$380,000. In addition to the TDA grant funding of US$300,000, the Contractor and/or its subcontractors must cover the remaining costs required to complete the full Terms of Reference. A detailed Request for Proposals (RFP), which includes requirements for the Proposal, the Terms of Reference, and a background definitional mission report are available from TDA, at 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131. Requests for the RFP shouldbe faxed to the IRC, TDA at 703-875-4009. In the fax, please include your firm's name, contact person, address, and telephone number. Some firms have found that RFP materials sent by U.S. mail do not reach them in time for preparation of an adequate response. Firms that want TDA to use an overnight delivery service should include the name of the delivery service and your firm's account number in the request for the RFP. Firms that want to send a courier to TDA to retrieve the RFP should allow one hour after faxing the request to TDA before scheduling a pick-up. Please note that no telephone requests for the RFP will be honored. Please check your internal fax verification receipt. Because of the large number of RFP requests, TDA cannot respond to requests for fax verification. Requests for RFPs received before 4:00 PM will be mailed the same day. Requests received after 4:00 PM will be mailed the following day. Please check with your courier and/or mail room before calling TDA. Only U.S. firms and individualsmay bid on this TDA financed activity. Interested firms, their subcontractors and employees of all participants must qualify under TDA's nationality requirements as of the due date for submission of qualifications and proposals and, if selected to carry out the TDA-financed activity, must continue to meet such requirements throughout the duration of the TDA-financed activity. All goods and services to be provided by the selected firm shall have their nationality, source and origin in the U.S. or host country. The U.S. firm may use subcontractors from the host country for up to 20 percent of the TDA grant amount. Details of TDA's nationality requirements and mandatory contract clauses are also included in the RFP. Interested U.S. firms should submit their Proposal in English directly to the Grantee by 4:00 P.M., Monday, November 8, 1999 at the above address. Evaluation criteria for the Proposal are included in the RFP. Price will not be a factor in contractor selection, and therefore, cost proposals should NOT be submitted. The Grantee reserves the right to reject any and/or all Proposals. The Grantee also reserves the right to contract with the selected firm for subsequent work related to the project. The Grantee is not bound to pay for any costs associated with the preparation and submission of Proposals.* Posted 09/16/99 (I-SN381094). (0259)

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