Petroleum Africa
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Thursday, April 25, 2019
Egypt is establishing two refining projects in Upper Egypt. The projects, to be located in Assiut, will be developed at a cost of around $2.3 billion, according to the country’s Minister of Petroleum, Tarek El Molla.
The projects will contribute to achieving self-sufficiency of petroleum products in Upper Egypt, El Molla said.
One of the projects will see Egypt’s Assiut National Oil Processing Company (ANOPC) utilize the latest refining technologies to transfer low-value Mazut into higher value petroleum products like diesel, butane, and high-octane gasoline.
The project will receive 2.5 million tons of Mazut a year from Assiut Oil Refining Company (ASORC) to produce 1.6 million tons of diesel, 402,000 tons of high-octane gasoline, 101,000 tons of butane, and 330,000 tons of sulfur.
The other project is a high-octane gasoline complex being developed by ASORC. The project will have 660,000 tons annual production capacity, divided into 650,000 tons of gasoline, in addition to quantities of butane and hydrogen.
El Molla’s remarks were during a visit to follow up on the projects.
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