SOPC Refines 2.2 million tons of Crude Oil in 2020/21
SOPC's production of butane, 80-octanes and 92-octanes benzene, mazut, and diesel fuel contributed to providing some of the needs of the local market.
Egypt | Egypt Oil & Gas - Part 376
SOPC's production of butane, 80-octanes and 92-octanes benzene, mazut, and diesel fuel contributed to providing some of the needs of the local market.
The company has also taken a verbal slogan for its activities, "We work together for a better future," which reflects concerted efforts to achieve the Ministry of Petroleum's strategy to expand the gas delivery to households.
Khalda Petroleum Company has made 4 new oil discoveries, recording total reserves of around 21 million barrels of oil equivalent, the company’s chairman, Saeed Abdel Moniem, announced.
Qarun Petroleum Company produced an average of 23,000 b/d of oil, with total investments of $127 million during fiscal year (FY) 2020/21.
Economic feasibility studies will be conducted and the best available opportunities in the oil and gas sector will be studied to implement projects for extracting and storing carbon dioxide to produce blue ammonia.
Petroleum Gas Company (PETROGAS) provided 3.7 tons of butane this year, , the Head of the Company, Raafat Abdel Hady, announced in the general assembly, chaired by Minister Tarek El Molla.
The Egyptian petroleum grid was used to transport around 60 million tons of crude oil, condensates, petroleum products, and butane in fiscal years (FY) 2020/21.
The total production of Badr-1 field reached 1.5 million barrels of oil equivalent (boe) during the year 2020/2021.
The new expansions of El Hamra port area, extending over an area of 120 acres, will include the construction of two new storage warehouses Number 9 and 10 in the port.
Egypt’s Public Treasury has disbursed EGP 115 bln in green incentives to replace 5000 obsolete taxis and private cars as well as 130 minibuses with natural gas vehicles.