“Petroleum”: Investing $12 million to increase production of high-octane gasoline in Alexandria

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Alexandria National Refining and Petrochemical Company (ANRPC) announced the most important future projects, which included a project to increase the production capacity of high-octane gasoline at an estimated cost of $12 million; The company’s production will reach 2 million tons annually, and the project for optimizing hydrogen-rich gases to maximize butane production by 21 thousand tons at an estimated cost of 136 million pounds.

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed the importance of building on the expertise and orientation of Egyptian refinery operating companies to produce value-added products for petroleum production, the local market, and refining entities. Which is reflected in increasing the volume of its returns and thus supporting the national economy, and that this can be achieved through new projects that attract investment that are sustainable and compatible with the future.

The minister explained – in a statement today, Thursday, during an inspection tour of a number of refining projects in Alexandria – that the Amriya Petroleum Refinery, with its current development, has a great opportunity to be one of the entities specialized in the production of a number of petroleum products that serve the expansion of the local market and keep pace with developments in the industry. energy globally.

For his part, Eng. Mabrouk Abdullah, President of Al-Amriya Petroleum Company, explained that it is witnessing a real development that has all the ingredients for success through what is provided by the strategy of the Ministry of Petroleum and Mineral Resources to increase refining capacities. Renovation and modifications to the aromatics complex, replacement and renewal of various petroleum product tanks, addition of a salt separator with distillation device No. 3, a project to modernize control and measurement methods, and environmental, safety and occupational health projects.

During the presentation of the future projects of the (ANRPC) refinery, El-Molla stressed the importance of keeping pace with the plans to develop the petroleum geographic region in Alexandria, pointing to the region’s potential to make a well-deserved boom and its progress as a petroleum entity that reflects the efforts exerted within the comprehensive development strategy for the petroleum sector entities and presents it in the image. which it should have in the new republic.

The article “Petroleum”: Investing $12 million to increase production of high-octane gasoline in Alexandria was written in Al Borsa newspaper.