In media statements on the sidelines of the participation in the Climate Summit (COP 27) in Sharm El-Sheikh, Engineer Tarek El-Molla, Minister of Petroleum and Mineral Resources, affirmed that Egypt presented a strong message to the world about its ability to host and organize this important event and present its objective vision on what we need to implement the world’s pledges on climate. And it was a pioneer in encouraging the energy transition and increasing the contribution of new and renewable energy to the energy mix used in Egypt.
He explained that the Russian-Ukrainian crisis was revealing because the world still needs fossil fuels for a while so that new and renewable energies can meet its needs. On the environment, and in this sense, the decarbonization day, which is organized at the summit on November 11, witnessed the hosting of John Kerry, the US presidential envoy on climate affairs, for his belief in the oil and gas industries’ reduction of emissions and their keenness to do so. Including its responsibilities in contributing to the global trend to reduce carbon emissions.
He pointed out that the Ministry of Petroleum and Mineral Resources, through the Higher Committee for Petroleum Projects, is currently implementing 16 new projects to achieve sustainability and reduce emissions in 13 companies (Al-Nasr Petroleum / Alexandria Petroleum / General Petroleum / Amriya Petroleum Refining / Cairo Petroleum Refining / Khaleda – Qarun / WEPCO / Al-Amal). Agiba / North Bahariya / Petrosilah / Petrosnan), with a total recovery of 25 million cubic feet of gas per day, and aims to reduce emissions estimated at 584,000 tons of carbon dioxide.
It should be noted that the implementation of the WASTE HEAT RECOVERY project is underway at the pressure station of Dahshur through GASCO. The project aims to increase the amount of gas pumped to Upper Egypt, as the pressure station in Dahshur has 4 turbo-compressor units, and two additional units will be added and ORC technology will be applied to take advantage of the heat generated by the units’ exhausts. The current four, in addition to the exhaust of one of the new units that are under construction, to generate approximately 28 megawatts to operate the last unit.
The projects of the refining and petrochemical industries are of great interest in terms of reducing emissions, rationalizing and improving energy efficiency, as several projects are underway, including the construction of a coking complex, the production of diesel, and the establishment of a butane extraction unit through the Suez Petroleum Manufacturing Company. The project aims to develop and modernize the coking complex with the latest methods. And maximizing the added value by optimizing the quantities of low-value mazout and converting it into high-value products based on maximizing energy efficiency and reducing emissions that affect the environment through the application of the Energy Management System, which aims to reduce emissions estimated at about 300 thousand tons of carbon dioxide.
In the field of petrochemicals, the WOTECH plant is being implemented to produce 205,000 cubic meters annually of medium-density wood panels “MDF” based on 250 thousand tons annually of rice straw (the main raw material), at an investment cost of 300 million dollars. The project is located in the region The industrial project in Idku, on an area of 114 acres, and the project’s product is in compliance with the highest environmental standards as it achieves zero emissions (E0), and is considered the second project in the world based on the use of rice straw instead of burning it.
The project aims to reduce environmental pollution resulting from burning rice straw (the black cloud) by reducing carbon dioxide emissions by using the latest global production technologies. It aims to reduce emissions estimated at 360 thousand tons of carbon dioxide. Biofuel production projects are also being implemented, such as A project to produce bio-ethanol with a production capacity of 100,000 tons annually from sugar beet molasses, and one of its most important uses is mixing it with gasoline in order to reduce greenhouse gases and raise octane. The investment cost of the project is about 112 million dollars and aims to reduce emissions estimated at about 300 thousand tons of carbon dioxide.