Nasr Petroleum Exports $296m Worth of Petroleum Products

Nasr Petroleum Exports $296m Worth of Petroleum Products

Mohamed Orabi, Chairman of the Nasr Petroleum Company (NPC), confirmed that his company had refined about 2.5m tons of crude during the 2014-2015 fiscal year, reported Youm7. NPC also produced 34,000 tons of butane and 623,000 tons of naphta and 149,000 tons of jet fuel, he added. Orabi also said that NPC’s refining capacity for diesel was 546,000 tons and 896m tons of fuel oil and 277,000 tons of asphalt, while the company has exported petroleum products worth $ 296m. These remarks were made during the company’s General Assembly meeting, announcing its results for the fiscal year 2014/2015. The assembly was conducted under the chairmanship of Petroleum Minister Sherif Ismail and the presence of the Governor of Suez Al-Arabi Al-Sarwi, with other concerned authorities and leaders of the sector in attendance.

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