Petroleum: We are keen to increase the production capacity of refineries and introduce the latest technologies

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the development and implementation of a comprehensive vision for the development and modernization of the Egyptian oil refineries contributed to raising their production capabilities and increasing the efficiency of their operation, especially since most of them have been operating for decades, pointing to the importance of keeping pace with modernity and global development in this industry and providing petroleum products with international specifications to meet The needs of the local market and the export of surplus products to save foreign exchange, adding that the sector is keen to increase the production capacity of refineries and introduce the latest digital technologies in the management and operation of these refineries, which will make the Egyptian refining industry fully digitally managed as well as applying the highest standards of safety and environmental preservation.

This came during his presidency of the meetings of the general assemblies of a number of petroleum refining companies via video conference, including the Cairo Refining, Suez Petroleum Manufacturing and Nasr Petroleum companies to approve the business results for 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.

Al Mulla added that the comprehensive development operations were positively reflected in raising the economic performance of refineries and reducing the cost of refining a barrel of crude as a result of the high operating efficiency of the units, the reduction of losses and the optimal utilization of resources, and that the ongoing replacement and renewal projects within the production units enabled them to work with maximum energy in providing petroleum products.

Al-Mulla affirmed the petroleum sector’s commitment to its environmental responsibility in its projects through work programs to improve environmental compatibility in cooperation with the Ministry of Environment, including the sector’s commitment to implement advanced technological units for industrial wastewater treatment.

El Molla pointed out that the Cairo Refinery for Petroleum Refining in Mostorod is one of the most important examples of the success of development operations, which are of great importance to that refinery that supplies Greater Cairo with its needs of petroleum products and manages petroleum activities in a vital area such as the petroleum geographic region in Mostorod, adding that there is a future vision for developing the company’s capabilities. Expanding the implementation of productive projects that increase the added value of resources and assets.

El-Molla also confirmed that the oil refineries in Suez witnessed a qualitative leap in their performance after intensive work over the years, according to a comprehensive vision to modernize them in all aspects, pointing out that there are new projects that raise the petroleum capabilities of the Suez region, such as the asphalt plant, the coking complex and the production of diesel, in addition to the distillation project. Pointing to the keenness of the oil companies in Suez to community participation in the development of the local community and to contribute to projects that serve the people of the governorate.

Performance indicators for Cairo Petroleum Refining Company

Engineer Youssef Tohamy, assistant president of the Cairo Petroleum Refining Company, reviewed the most important performance indicators during the year, pointing out that the amount of crude oil that was refined amounted to about 8.9 million tons at the company’s refineries in Mostorod and Tanta, to contribute to the provision of quantities of petroleum products amounting to about 88 thousand tons of butane and 935 thousand tons NAFTA 3.4 million tons of gasoline of all kinds (80, 92 and 95 octane), 51 thousand tons of kerosene, 456 thousand tons of jet fuel, and 1.862 thousand tons of diesel, in addition to many specialized products for many industries, noting that the company implemented investment projects during the year with investments amounting to about 650 million One of the most important projects that were implemented and operated during the year was the project to recover flare gases at a total cost of about 150 million pounds, with the aim of reducing associated gas emissions and reusing the flare gases as fuel and producing butane. The year with investments amounting to 190 million pounds, an increase of 11% over the previous year.

Performance indicators for the Suez Petroleum Manufacturing Company

For his part, the chemist Hisham Fathy, head of the Suez Petroleum Processing Company, reviewed the most important performance indicators during the fiscal year 2021/2022, where the company’s refinery production increased to about 2.6 million tons during the year, compared to about 2.1 million tons during the previous year, to contribute to providing some of the needs of the local market. of various petroleum products, pointing out that it has exported quantities of petroleum products, including vacuum distillates and light lubricants to save foreign exchange, in addition to the El Nasr Petroleum Company delivering quantities of low-sulfur diesel for export. He also explained that the company’s investment plan included pumping investments worth 5.8 billion pounds. Where he reviewed the projects of the plan, which included replacement and renewal, support for industrial security and environmental protection through the development of firefighting and early warning systems and a project safety system for operations, as well as new production expansions for the establishment of a coking complex, diesel production and an asphalt production plant. Asset and resource planning ERP, as well as the operation of the first phases of the linear programming system and the implementation of the second phase The new digitization projects contribute to raising the performance efficiency of the refinery, the efficiency of following-up on the movement of crude and petroleum products, financial and inventory operations, and supporting the speed of decision-making.

Performance Indicators for Al-Nasr Petroleum Company

Eng. Mohamed Abdullah, President of Al-Nasr Petroleum Company, explained that it contributes to providing part of the local market’s needs of petroleum products through 14 production units at the refinery, and has also exported quantities of petroleum products with an increase of 22% over the previous year to provide foreign exchange, and explained that its investment plan during the year The pumping of 2.2 billion pounds included new investments in a number of projects, including the establishment of a condensate distillation project with a capacity of 1.2 million tons annually, in addition to industrial security and environmental protection projects through the development of firefighting and early warning systems and the establishment of an industrial wastewater treatment project to achieve environmental sustainability. The company has achieved a qualitative leap in digital transformation projects by implementing the Information Security Operations Center as a modern leap in securing information and networks and establishing a unified emergency room for companies in the geographical area in Suez, and the implementation of the ERP system has been successfully completed in the company, and the company has contributed an amount of 40 million pounds in the project Developing, expanding and raising the efficiency of the main Salah Naseem road in Suez, in compliance with its social responsibility towards the people of Suez Governorate.

The geologist, Ashraf Farag, First Undersecretary of the Ministry for Agreements and Exploration, Ibrahim Khattab, Assistant Minister for Structural Development and Human Resources, Dr. Hisham Lotfi, Assistant Minister for Legal Affairs and Accountant, Hisham Noureddine, Head of the Central Department of the Minister’s Office, Engineer Mahmoud Nagy, Assistant Minister for Transportation and Distribution of Petroleum Products, and Accountant Ashraf Qutb, Undersecretary of the Ministry of Petroleum attended. For financial and economic affairs, Major General Wael El-Safty, head of the Central Administration for the Insurance of Petroleum Facilities, geologist Alaa Al-Batal, CEO of the General Petroleum Corporation and his deputies, Dr. Magdy Galal, head of the Egyptian Natural Gas Holding Company, Mr. Mohamed Gibran, head of the General Union of Petroleum Workers, accountant Mohamed Abdel-Fattah, first agent of the Central Auditing Organization, and representatives of the ministries of finance Commerce, Industry, Planning and Public Business Sector Information Center.

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