Petroleum Products | Egypt Oil & Gas - Part 8

Iran Converts 2 mmbbl of Petroleum Products Daily

Iran’s refineries have the capacity to turn two million barrels of crude oil (mmbbl) into petroleum products daily.

ASORC’s Octane Complex to Produce 800,000 t/y

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 Tare ...

Egypt Leaves Fuel Prices Unchanged for Q4 2020

Egypt’s Fuel Automatic Pricing Committee decided to leave the current fuel prices for Q4 2020.

FEDCOC’s Petroleum Division Gets New Board of Directors

Hassan Nasr has been appointed as the new Head for the General Division of the Petroleum Products at the Federation of Egyptian Chambers of Commerce (FEDCOC).

Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of  $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Afr ...

Consumed Petroleum Products Declines 2.1% during 2018/19

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the amount of consumed petroleum products declined 2.1% to 77.4 million tons during the fiscal year (FY) of 2018/2019 compared to 7 ...

Copetrole Sells 6.5 mmt of Petroleum Products in FY 2019/20

Cooperation Petroleum (Copetrole) sold a total of 6.5 million tons of petroleum products in fiscal year (FY) 2019/20.

Petroleum Sector Receives Investments of EGP 60.6 B in FY 2020/21

The Minister of Planning and Economic Development, Hala Al Saeed said that they will invest EGP 60.6 billion in updating the petroleum and mineral resources sector during the fiscal year 2021/2020 representing 8.2 ...

Egypt’s Largest High-octane Gasoline Complex to be Finalized by Q4 2020

The $450 million project is part of several projects aimed to achieve gasoline self-sufficiency in the next few years. Currently, the project’s expansion is valued at EGP 1.6 billion and is expected to operate wit ...

Kamal: Egypt to Achieve Fuel Self-sufficiency Soon

Egypt will very soon achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources stated.

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