MIDOR Production to Reach 8 MM Tons Annually

MIDOR Production to Reach 8 MM Tons Annually

The production of the Middle East Oil Refinery (MIDOR) plant will exceed 7 million tons annually by the end of the expansion works, Amwal El-Ghad reported

The refining capacity will increase by about 60% once the expansion and development work of the plant is completed with a total investments of $2.2 billion.

The petroleum sector plans to implement six new projects to develop refineries in Cairo, Alexandria, Suez and Assiut, which will contribute to increasing the refining capacity to 41 million tons per year, with gasoline and diesel production reaching 3.6 million tons and 8.6 million tons annually respectively.

This comes in light of the Ministry of Petroleum’s work program to develop the refining industry, which includes a number of strategic projects that will increase the domestic production of petroleum products in order to meet the growing domestic demand and reduce imports.

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