Karim Badawi, Minister of Petroleum and Mineral Resources, praised ANRPC for raising high-octane gasoline production and called for wider energy-efficiency projects across the petroleum sector.
Karim Badawi, Minister of Petroleum and Mineral Resources, highlighted APRC higher production and urged refineries to improve efficiency and make better use of available production capacity to reduce imports.
Karim Badawi, Minister of Petroleum and Mineral Resources, praised ANRPC and APRC for increasing high-octane gasoline production, as Egypt works to reduce petroleum product imports and meet local demand.
Karim Badawi, Minister of Petroleum and Mineral Resources, said that higher crude supplies and refinery efficiency projects have boosted production at Alexandria Petroleum Company, helping to meet local demand and reduce Egypt’s import bill.
Egypt and the UAE have moved to implement plans for a petroleum logistics zone at El Hamra Petroleum Port in New Alamein, following the establishment of Fujairah Alamein Oil and Gas Company.
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mathios Rigas, CEO of Greek company Energean, to discuss expanding exploration and natural gas production activities in the Mediterranean.
Egypt has laid the foundation stone for the first industrial complex to produce phosphoric acid from locally mined phosphate rock in the Abu Tartour Plateau in New Valley.
The project, worth $658 million investments, will produce 250,000 tons per year (t/y) of high-concentration commercial-grade phosphoric acid in its first phase. Phosphoric acid is a key raw material used in fertilizer production.
Petrosalam achieved average daily crude oil production of 2,547 barrels per day (bbl/d) and recorded 1.6 million safe working hours, according to Chairman Abdel Hamid Hussein Gewaily.
This came during the general assembly meetings of the company, chaired by Egyptian General Petroleum Corporation (EGPC) CEO Salah Abdel Kerim, to approve its operational results during FY 2025/26.
Suez Oil Company (SUCO) increased its proven reserves by 3.9 million barrels (mmbbl) of oil and improved drilling efficiency by cutting drilling time from 80 days to 49 days during fiscal year (FY) 2025/26. The company also reduced chemical costs by 50% without affecting production, according to a statement by the Egyptian General Petroleum Corporation (EGPC).
Karim Badawi, Minister of Petroleum and Mineral Resources; and Hanan Magdy, New Valley Governor, witnessed the signing of a cooperation protocol to establish the Misr Phosphate International School of Applied Technology in Kharga City.
The school will be specializing in mining and phosphate ores, targeting the graduation of 100 skilled technicians annually to support the expansion of the mining and mineral-processing industries.
