El Molla Inspects Refinery Projects in Alexandria

El Molla Inspects Refinery Projects in Alexandria

The Minister of Petroleum and Mineral Resources Tarek El Molla has inspected a number of refinery projects in Alexandria, a press release issued by the ministry reported.

During his visit, El Molla emphasized on the importance of boosting the expertise of refinery companies in order to increase their revenues and enhance the national economy. He added that this can be achieved by implementing new projects that are attractive for investments, feature sustainability, and connected to the future.

While visiting the petroleum geographic zone, the minister affirmed that the updates to the Al Amerya refinery will allow to play a significant role in producing petroleum products that will help expand the local market and keeps pace with the global energy industry.

For his part, Al Amreya Petroleum Refining Company (APRC) Chairman Mabrouk Abd Allah highlighted several projects that his company is working on within the current and next fiscal years (FY). This includes but is not limited to the replacement and upgrading of aromatics facilities, renewing petroleum products tanks, as well as health, safety, and environment projects.

Additionally, Alexandria National Refining and Petrochemical Company (ANRPC) Chairman Salah Gaber showcased the future projects of the company, including the project of increasing high-octane production with costs of $12 million to boost the company’s production to 2 million tons per year; in addition to an initiative to exploit hydrogen gases to maximize butane production to 21,000 tons with investments of EGP 136 million.

 

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