Thursday, 31st December 2020
Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the progress of Assuit Oil Refining Company’s (ASORC) Octane complex, as it is currently undergoing trial operations, in addition to Assiut National Oil Processing Company’s (ANOPC) hydrocracking complex. Both complexes are valued at $3.4 billion as part of the state's and the ministry’s plan to increase investments and expand projects in Upper Egypt.
Tuesday, 1st December 2020
TechnipFMC commenced its work on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.
Sunday, 8th November 2020
Assuit Oil Refining Company’s (ASORC) Octane complex aims to produce 800,000 tons annually of all octane types in addition to increasing butane production to meet Upper Egypt’s governorates. This came during Tarek El Molla's, Minister of Petroleum and Mineral Resources, visit to ASORC’s Octane complex
Monday, 17th February 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Italy’s Ambassador in Cairo, Giampaolo Cantini, witnessed the signing of Engineering, Procurement and Construction (EPC) contract for establishing Mazut Hydrocracking Complex in upper Egypt with a cost of $2.5 billion.
Wednesday, 4th December 2019
Petrojet signed a contract for developing El-Nasr Petroleum Refinery in Suez with investments of EGP 455 million.
Wednesday, 22nd May 2019
The meeting reviewed the operational situation of the mazut hydro-cracking complex at ANOPC to secure Upper Egypt's demands.
Wednesday, 24th April 2019
The project will receive 2.5 million tons of Mazut a year from ASORC to produce 1.6 million tons of diesel, 402,000 tons of high-octane gasoline, and 101,000 tons of butane, in addition to 330,000 tons of sulfur.
Wednesday, 23rd January 2019
Assiut National Oil Processing Company (ANOPC) is establishing diesel production complex project, hydrogen cracking of mazut, at an investment cost of $1.9 billion.
Sunday, 18th November 2018
The Assiut Oil Refining Company (ASORC) has completed talks with local and Gulf banks for a $500 million loan, a part of the $1.9 billion financing package for the mazut hydrocracking complex.
Wednesday, 17th October 2018
Assiut National Oil Processing Company (ANOPC) is negotiating with local banks in order to obtain a EGP 1.2 billion loan to part-finance the construction of a mazut hydrogen cracking complex.