Minister of Petroleum: The development of the petroleum refining system has achieved outstanding results in the results of companies’ business

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that the development of the petroleum refining system as well as the petrochemical industry began in 2016 through the overall vision of the modernization and development program that was launched in conjunction with the implementation of the economic reform program in Egypt. Corporate business results year after year.

El-Molla explained that this development is carried out in full integration between increasing and modernizing the capacities of production units and applying digital transformation in the management of refineries and petrochemical plants to ensure the highest performance efficiency, which was positively reflected on the sustainability of providing petroleum and petrochemical products to the local market and the stability of supplies.

This came during the general assemblies of public sector companies (Amreya and Alexandria Refining and Egyptian Petrochemicals), to approve the results of the work of the fiscal year 2021/2022, in the presence of Major General Hisham Amna, Minister of Local Development, and Engineer Ahmed Samir, Minister of Trade and Industry via video conference technology.

El-Molla pointed out that the refining system is currently being linked into a unified network through the Egyptian General Petroleum Corporation, which is managed digitally, pointing to the importance of accelerating the implementation of expansion projects in companies according to the specified time schedules and placing them on production to reduce import quantities and maximize the surpluses that are exported, stressing the implementation of compliance projects. The environment, which is carried out in cooperation with the Ministry of State for Environmental Affairs.

El-Molla praised the efforts made by the workers, which was reflected in achieving good results, calling for them to continue to do more, especially since the petroleum sector projects enjoy continuous support and follow-up from the political leadership, Mr. Abdel Fattah El-Sisi.

El Molla also pointed out the vital role played by the Amreya and Alexandria refineries and their contribution to providing the needs of the Alexandria and Lower Egypt region of petroleum products, as well as the important role that the Egyptian Petrochemical Company has become after its development in line with its historical position as one of the fortresses of the petrochemical industry.

El-Molla stressed the importance of continuing to expand the capacities of polyvinyl chloride factories, especially that it is characterized by high quality to meet the needs of the local market and export.

Al-Amriya Petroleum Refinery: Refining more than 3.6 million tons during the past year

Engineer Hossam Shawky, President of Al-Amriya Petroleum Refining Company, reviewed the most important results of the work that were achieved during the year. He explained that quantities of crude estimated at more than 3.6 million tons were refined, and the production of butane reached 84 thousand tons, about one million tons of mazut and 424 thousand tons of 80 gasoline. About one million tons of diesel, 144 thousand tons of kerosene, 65 thousand tons of base and special oils and paraffin wax, 47 thousand tons of alkyl benzene, 21 thousand tons of raw wax for export, 56 thousand tons of special petroleum products, in addition to quantities of toluene. and medical oil, bringing the realized revenues to about 3.5 billion pounds, and the investments implemented during the year amounted to about 450 million pounds.

Alexandria Petroleum: Refining 5.3 million tons and implementing projects to develop the oil basin and the geographical area

Engineer Mohamed Sobhy, head of Alexandria Petroleum Company, explained that the quantities of crude that were refined during the year through the company’s plant amounted to about 5.3 million tons, to contribute to the provision of petroleum products worth about 79.7 billion pounds, which contributed to providing part of the local market’s needs of butane, naphtha, diesel, diesel, jet fuel and asphalt. Wax distillates and petroleum solvents, with a value of about 48 billion pounds, in addition to supplying oil companies (AMOC, ANRPK, ASPC and ILAAP) with their needs of raw materials feeding their projects, amounting to about 26.4 billion pounds. He added that the company contributed to managing the needs of the National Roads Project from the asphalt product through production. And imports, as the total quantities that were managed amounted to about 881 thousand tons of asphalt, and he pointed out that petroleum products worth about 3.5 billion pounds were exported to Italy, Spain, France, Malta, Cyprus, Greece, Georgia, Slovenia, Tunisia, Lebanon, Morocco and Nigeria.

He pointed out that investments of 1.2 billion pounds have been pumped to implement replacement and renewal projects for production units, asset and resource management, security and safety systems development, and energy efficiency improvement, in addition to its contribution to development and modernization projects in the petroleum geographical area in Alexandria. Which witnessed expenditures of 352.6 million pounds so far.

Egyptian Petrochemicals: A study to double the production of the PVC plant

The chemist Ahmed Kamel, head of the Egyptian Petrochemical Company, indicated during his review of the most important results of the work that the implementation of the replacement and renewal programs and the comprehensive development of the company’s units and return to operation in the fourth quarter of the last fiscal year, and that studies are underway to start the second phase to raise the production capacity of the PVC factory from 120,000 tons To 240,000 tons annually, with investments of about $350 million, production rates amounted to 25,000 tons of polyvinyl chloride, 29,000 tons of liquid caustic soda, and 5.4 thousand tons of hydrochloric acid. The sales value amounted to about 1.9 billion pounds.

The associations were attended by geologist Ashraf Farag, First Undersecretary of the Ministry for Agreements and Exploration, Mr. Ibrahim Khattab, Assistant Minister for Structural Development and Administrative Affairs, Dr. Hisham Lotfi, Assistant Minister for Legal Affairs and Accountant Hisham Noureddine, Head of the Central Administration of the Minister’s Office and Accountant Ashraf Qutb, Undersecretary of the Ministry of Petroleum for Financial, Economic and Geological Affairs, Alaa Al-Batal, CEO of the General Authority The Ministry of Petroleum and his deputies, Dr. Saad Helal, President of the Egyptian Petrochemical Holding Company, Mr. Mohamed Gibran, President of the General Union of Petroleum Workers, accountant Mohamed Abdel Fattah, Senior Undersecretary of the Central Auditing Organization, and representatives of the ministries of finance, trade, industry and planning, and the Public Business Sector Information Center.

Scroll to Top