The Ministry of Petroleum and Mineral Resources (MoPMR) announced the start of advanced phase of the Young Leaders and Middle Management Program, as the Ministry seeks to build on the gains achieved in the previous phases of the program, with more investment in human resources within a continuous, dynamic development and education process that does not stop.
Petrogas Chairman, Mohamed Farhat, explained that the local market was supplied by around 3.6 million tons of butane gas, and that Petrogas had filled 310 million cylinders through 49 filling stations in fiscal year (FY) 2023/24.
In the general assembly meeting, the Chairman of Egyptian Natural Gas Holding Company (EGAS) Yassen Mohamed has showcased the remarkable indications for the company and natural gas industry during the fiscal year (FY) 2023/24 which demonstrates achieving notable progress in the field.
Nasr Petroleum Company (NPC), Mohamed Abdullah, presented the company’s various activities and the current status of the projects, which will be completed successively. The projects set for completion include gas recovery unit for butane production; seawater desalination project; oil separation unit; new asphalt loading platform; industrial security projects (phase II); and energy conservation projects.
Amreya Petroleum Refining Company (APRC) Chairman, Mohamed Sobhi, reviewed the most important results of the work achieved during fiscal year 2023/2024. Sobhi explained that the received quantities of crude oil were refined to contribute to providing diesel; butane; gasoline; kerosene, essential oils; and wax products.
Egyptian Petrochemical Company Chairman, Ahmed Mowakea, reviewed the most important business results achieved by the company during fiscal year 2023/24. Mowakea further reviewed the projects that were implemented to increase the production capacities of chlorine; caustic soda; vinyl chloride monomer; and polyvinyl chloride factories.
Chairman of Alexandria Petroleum Company Alaa Amin has presented results of the company’s work during the fiscal year (FY) 2023/24, during which the company refined the received quantities of crude oil, which amounted to about 3.8 million tons, contributing to providing petroleum products worth about EGP 146 billion.
Minister of Petroleum and Mineral Resources Karim Badawi has affirmed the significant role of the petrochemical industry as an essential component of the national economy and a base for promoting local industries and reducing imports.
The Production and Maintenance teams at Badr Eldin Petroleum Company (BAPETCO) have successfully implemented creative ideas helped in reducing the fuel consumptions by 1,825,000 liters per year and carbon emissions by 11,700 tons of equivalent carbon dioxide per year at Alam El Shawish fields in the Western Desert.
Assiut Oil Refining Company (ASORC) Chairman, Maged El-Kordy, reviewed the most important results of the company’s work during the fiscal year (FY) 2023/24, explaining the success of the refinery there in converting about 3.3 million tons of crude oil into petroleum products for the local market.
