The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement in the petroleum sector to support the petroleum companies and sites with the needed competences and expertise that could achieve the future goals, according to a press release.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, encouraged the production expansion projects and infrastructure development of Amerya and Alexandria refineries following a time schedule to achieve the goals of increasing production and providing high quality petroleum products.

the United States Trade and Development Agency (USTDA) awarded two grant agreements to Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) total of $1.4 million (mm) to conduct a feasibility study for each company’s refinery development.

Tarek El Molla, Minister of Petroleum and Mineral Resouces, called for the importance of developing the refining and manufacturing system to meet the needs of the local market of petroleum products taking into consideration the commitment to preserve the environment.

The Minister of the Petroleum and Mineral Resources, Tarek El Molla, asserted the importance of the axial role of the Egyptian refineries in the sustainable market settlement in terms of the availability of the petroleum products and securing the fuel supplies.

Petrojet signed a contract for developing El-Nasr Petroleum Refinery in Suez with investments of EGP 455 million.

Minister of Petroleum and Mineral Resources, Tarek El Molla underscored the importance of expanding infrastructure projects and networks to transport crude oil and petroleum products across Egypt’s provinces, with a focus on Upper Egypt. El Molla also emphasized ensuring safety and optimization measures in various petroleum domains.

APRC plans to produce 1.3 million tons of kerosene and diesel, 1.1 million tons of mazut, 341,700 tons of naphtha for export, 143,500 tons of jet fuel, 90,300 tons of asphalt and bitumen, and 80,300 tons of butane.

Amreya Petroleum Refining Company (APRC) plans to distill 3.9 million tons of crude oil during fiscal year (FY) 2018/2019 to produce 79,600 tons of butane and 560,000 tons of 80-octane benzene.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.