Ministry’s Development Plan Prioritizes Securing Energy Demands

Ministry’s Development Plan Prioritizes Securing Energy Demands

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Upper Egypt’s development plan is going within an integrated system that prioritizes providing and securing energy in order to promote investment opportunities efficiently and improve the standard of living in Upper Egypt, based on a ministry’s press release shared with Egypt Oil&Gas.

El Molla also said that there are more projects being implemented at Assiut Oil Refining Company (ASORC), which includes starting two projects to reform naphtha with Continuous Catalyc Regenration (CCR0 and isomerization to produce gasoline and establishing new complex for gasoline hydro-cracking.

The Minister’s statements came during his visit to the new butane and naphtha project at Assiut Oil Refining Company (ASORC) in the presence of the Governor of Assuit, Eng. Yasser El- Desouky, the First Undersecretary of the Ministry for Petroleum Affairs,  Eng. Mohamed El-Taher,  the First Undersecretary of the Ministry for Projects, Eng. Mohamed Shimi, the Chairman of EGAS, Eng. Tarek El-Hadidy, the Chairman of  Enppi, Eng. Mohamed Hathout, the Chairman of Petrojet, Eng. Salah Hassan, and Authority’s Vice Chairman for Planning and Refining, Eng. Alaa Hegazee and Eng. Zohdi Maarouf.

Mahinaz El-Baz 312 Posts

Mahinaz El Baz received her MSc degree in Foreign Trade Economics from Helwan University in 2016. She has two years of experience in journalism and four years of experiance in economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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