ANOPC Establishes $1.9 B Refining Project

ANOPC Establishes $1.9 B Refining Project

Egypt is establishing a $1.9 billion refining project that will utilize the latest refining technologies to transfer low-value Mazut into higher value petroleum products like diesel, butane, and high-octane gasoline, according to Mohamed Badr, head of Assiut National Oil Processing Company (ANOPC), Egypt Oil & Gas reports.

The project will receive 2.5 million tons of Mazut a year from Assiut Oil Refining Company (ASORC) to produce 1.6 million tons of diesel, 402,000 tons of high-octane gasoline, 101,000 tons of butane, and 330,000 tons of sulfur.

The project will contribute to achieving self-sufficiency of petroleum products in Upper Egypt and decreasing import bills, Badr noted during a visit by Minister of Petroleum, Tarek El Molla, to the project.


Sarah Samir 3288 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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