PGIE Shines a Spotlight on Egypt’s Booming Petrochemical, Gas Sectors

PGIE Shines a Spotlight on Egypt’s Booming Petrochemical, Gas Sectors

By Nader Ramadan and Fatma Ahmed

It was a vibrant opening for the Petrochemicals & Gas Industry in Egypt Conference and Exhibition (PGIE), as an event that has successfully attracted the attention of business leaders, government officials, and industry innovators working in the petrochemicals and gas industries all under one roof at the Egyptian Engineers Syndicate.

Held under the patronage of the Syndicate, this occasion was marked by the opening speech of the Conference Chairman Sabry El Sharkawy, who praised the Egyptian petroleum sector’s performance during the past eight years, noting the remarkable growth of natural gas resources, its optimal exploitation, as well as the development of refineries and the value-added products industry. 

“Egyptian petroleum exports increased to $13 billion in 2021 compared to $7 billion in 2020, especially after the reoperation of Damietta liquefied natural gas (LNG) plant,” Sharkawy said.

He added, “Petrochemical industry has been given great interest [from the government] during the past eight years.” Sharkawy pointed to the Misr Fertilizers Production Company (MOPCO) and Ethydco projects which are the greatest two petrochemical projects with investments of EGP 72 billion. 

For his part, Tarek El Nabarawy, Head of the General Syndicate of Engineers, opened the conference by expressing his appreciation for holding this conference. He affirmed his full support for such events saying “We [the Syndicate] promise to make this conference part of our interest.”

The occasion also witnessed the attendance and opening remarks of the Syndicate’s General Secretary Yousry El-Deeb, Vice Chairman of the conference Rehab Motasiem El Maghraby Syndicate Board member Hossam Abdelrazek, Assistant General Secretary of the Syndicate Ahmed Sabry, and the Syndicate’s head in Suez Hafez Awad.

The event witnessed a series of stimulating sessions for the professionals working in the petrochemical and gas sectors, tackling topics such as the recent advances that have been made in the petrochemical industry, the future of the petrochemical market, sour gas treatment, gas flare systems, LNG, gas compression and much more. Building on Egypt’s keen interest in cutting down on emissions, topics including the production of renewable sources of energy, such as blue hydrogen, blue ammonia, and biofuels, were also on the event’s agenda.

 

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