Karim Badawi, Minister of Petroleum and Mineral Resources, highlighted Amreya Petroleum Refining Company’s (APRC) higher production and urged refineries to improve efficiency and make better use of available production capacity to reduce imports.
Badawi made the remarks during APRC’s general assembly, held via video conference with the participation of the ministers of electricity and renewable energy, local development and environment, and investment and foreign trade, alongside petroleum sector leaders.
Badawi said Egyptian refineries play a key role in securing petroleum products for the local market, particularly as higher crude supplies allow companies to increase output and reduce the country’s import bill. He also stressed that product quality remains a top priority, calling for stronger testing and inspection systems and strict compliance with required specifications.
Mohamed Sobhi, chairman of APRC, said the company refined around 3.3 million tons of crude in FY 2025/2026, up 12% from the previous year. Production also reached about 3.3 million tons, with higher output of diesel and higher-value products such as asphalt, oils and solvents.
APRC supplied the local market with petroleum products worth more than EGP 76 billion. Production units reached a 91% utilization rate in the final quarter, while asphalt, oils and solvents accounted for 116,000 tons worth nearly EGP 3 billion.
Sobhi also highlighted the restart of a hydrogen production unit that had been idle for more than 13 years. The project supported continued operation of the oils and alkyl benzene complexes and provided 29,000 tons of petroleum products worth nearly EGP 1.2 billion.
The results follow APRC’s September 2025 plans to invest more than EGP 2 billion in production and storage projects, including upgrades to its gasoline and hydrogen facilities.