EGPC is implementing two projects to store, transfer and trading of LPG in Upper Egypt, at a total cost exceeding $48m, reported Al-Mal.
As for the details of the ongoing projects, the first is targeted at increasing the butane storage capacities in Sohag, with an investment of about $ 15.7m, scheduled to start early next year.
The second project is for the establishment of LPG line connecting the provinces of Assiut and Sohag, an investment of about $ 33m, with a capacity of about 1,500 tons per day. It is scheduled to start operation by June 2017.
As for projects already completed, sources at EGPC revealed that the petroleum products transmission line connecting Beni Suef and Minya was carried out, with investments equivalent to $ 55m. The line became operational in June, at a length of about 145 km and with 6,000 tons per day carrying capacity.
The sources added that the upgrading of the petroleum infrastructure in Upper Egypt will facilitate the movement both of crude and petroleum products, meeting needs and alleviating chokepoints during peak times.
The sources also said that Assiut Oil Refining co. (ASORC), which is responsible for meeting the needs of the whole of Upper Egypt, is working on the new butane production unit.
ASORC’s investments exceed $20m, with a 228 tons per day capacity, so that total butane production reaches 75,000 tons per year.