Egypt will start trial operations at the Mostorod refinery complex in December 2018 and prepare for the actual operations to start in Q1 2019 which will contribute to decreasing diesel imports by 50% as the refinery will produce 2.3 million tons per year, a source at the Egyptian General Petroleum Corporation (EGPC) said, according to Al Borsa News.
The complex will secure 12% of total market’s demands of petroleum products as it will produce between 850,000 tons and 1 million tons of benzene; around 80,000 tons of butane; 600,000 tons of jet fuel; 450,000 tons of coal; and 96,000 tons of sulfur annually.
The complex is considered the largest refinery in the Middle East, with construction cost $4.27 billion.