Petroleum Products | Egypt Oil & Gas - Part 4

El Molla Inspects National Projects in Ain Sokhna

The Minister of Petroleum and Mineral Resources, Tarek El Molla, examined Sonker’s project as well as the Red Sea petrochemical complex in Ain Sokhna.

Egypt’s Petroleum Exports Grow by 33.8% in Q1 2021

Egypt’s petroleum exports have gone up by 33.8% in Q1 2021 recording $1.819 billion against $1.359 billion in Q1 2020.

Sidpec’s Profits Bounces Back with EGP 151.7 mm in Q1 2021

Sidi Kerir Petrochemicals (Sidpec) has earned a net income of EGP 151.7 mn in Q1 2021 against a net loss of about EGP 31.3 million in Q1 2020, according to a press release.

El Molla Reviews Petroleum Products Distribution System

Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the petroleum products’ distribution system ahead of Eid al-Fitr. 

Libya’s NOC Revenues Surpass $2 b in March

Sales of crude oil, gas, condensate, petroleum products, and petrochemicals have resulted in a bit over $2 billion of the Libyan National Oil Corporation’s (NOC) revenues in March.

Petroleum Arrows Transports 11 MM Liter of Petroleum Products Daily in 2020

Petroleum Arrows Company transported about 11 million liter of petroleum products per day during 2020, representing 25.5%, according to a press release.

MIDOR Refines 36.5 mmbbl in 2020

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.

El Molla Reviews Midor Refinery Expansion 

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the $2.3 billion Midor refinery expansion in Alexandria which aims to increase its current refining capacity by 60%.

NOC Achieves Revenues of $1.41 billion in January

The Libyan National Oil Company (NOC) has announced that it achieved a record a level in its revenues during January 2021, estimated at $1.41 billion.

Egypt to Develop Petroleum Facilities in Alexandria Port

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Transportation, Kamel El Wazeer to revive the efficiency of Gouna Petroleum basin in Alexandria port.

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