El Molla Reviews Refining Projects

Egyptian Minister of Petroleum, Tarek El Molla, met with the higher committee for refining projects to discuss a number of projects aimed to boost refining capacities, Egypt Oil & Gas reports.

The meeting reviewed the operational situation of the mazut hydro-cracking complex at the Assiut National Oil Processing Company (ANOPC) to secure Upper Egypt’s demands.

The $1.9 billion project aims to benefit from turning 2.5 million tons of mazut produced by Assiut Refinery to produce higher-value products like diesel, naphtha, and butane, said Mohamed Badr, head of ANOPC.

The minister further reviewed the operational updates for Assiut Oil Refining Company (ASORC) and the gasoline production complex at Suez, which is affiliated with Red Sea Petrochemical Industries.