RESEARCH & ANALYSIS
VIEWING THE REFINING SECTOR IN EGYPT BY AMINA HUSSEIN, REHAM GAMAL, AND TASNEEM MADI
PERFORMANCE OF EGYPT’S REFINING SECTOR PETROLEUM PRODUCTS OUTPUT (bbl/d)
OIL REFINING CAPACITY (bbl/d) Ye a r
Ca p ac ity
558,916
832,550
832,550
2019
2020
599,500
7.3%
2019
2020
Y
EGYPTIAN PETROLEUM PRODUCTS EXPORTS BY REGION ($ billion)*
2.28
FY 201 9/ 20
2.17
1.75 0.92 0.27
EU
FY 2020/ 21
Other EU Countries
*Data is available in FYs
16 | EGYPT OIL & GAS NEWSPAPER
0.5
0.77 0.83
0.89
Arab Countries
Asian Countries
0.24 US
0.52 0.74 Others
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EGYPT’S REFINING SECTOR IN THE GLOBAL SCENE 1. EGYPT'S RANKINGS AND SHARES IN 2020 OIL REFINING CAPACITY
27th
4th
27th
4th
World
Middle East
World
0.8%
PETROLEUM PRODUCTS EXPORTS
PETROLEUM PRODUCTS OUTPUT
8.4%
0.77%
2
32nd
7th
Middle East
World
Middle East
8.4%
0.6%
4.4%
nd
1st Africa 23.7%
2nd
Africa
Africa
31.2%
18.2%
ECONOMICS OF REFINING 1. CONTRIBUTION TO GDP
2. CONTRIBUTION TO DOMESTIC INVESTMENTS
PETROLEUM REFINING GDP (EGP billion)*
PETROLEUM REFINING DOMESTIC INVESTMENTS (EGP billion)*
251
237 5.94%
2.56 2019/20
11.41
FY
2020/21
174%
*Data is available in FYs
2019/20
2020/21
FY
PETROLEUM REFINING GDP PER SECTOR IN FY 2020/21 *Data is available in FYs
5%
95%
Private
Public
PETROLEUM REFINING SHARE IN DOMESTIC INVESTMENTS IN FY 2020/21
PETROLEUM REFINING SHARE IN GDP IN FY 2020/21 (%)
44% 4.17%
Petroleum GDP
18.8%
Petroleum Domestic Investments
2.04%
Total Domestic Investments
Total GDP DECEMBER 2021 - ISSUE 180 | 17
RESEARCH & ANALYSIS
DEVELOPMENT OF REFINING INDUSTRY 1. LATEST PROJECTS SIGNIFICANT REFINING PROJECTS DURING (2015-2022)*
Project
Location/ Company
Products
Targeted Capacity (mmt/y)
MIDOR’s Expansion
MIDOR
-
60% increase
High-octane Gasoline Production Unit
ASORC
High-octane Gasoline
0.8
Hydrocracking Complex
ERC
High-quality Products
4.7
Hydrocracking Complex
ANOPC
High-quality Products
2.5
Hydrocracking Complex
Red Sea Co
High-quality Products
Feed Capacity Fuel Oil: 2.5 Naphtha: 1
Rehabilitation of Coking Complex
SOPC
Fuel Oil
1.75
Asphalt 60/70 Production Unit
SOPC
Asphalt 60/70
0.4
High-octane Gasoline Production Project
ANRPC
High-octane Gasoline
0.7
Aromatics Extraction Units
APC
Oils Wax
0.01 - 0.016 0.001 - 0.002
*Expected Completion Date for Hydrocracking Complex At Red Sea Co., & Asphalt 60/70 Production Unit
18 | EGYPT OIL & GAS NEWSPAPER
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HIGHLIGHTING THE SCZONE REFINING & PETROCHEMICALS COMPLEX
Area
Location
3.56 million m2
Ain Sokhna
Production Capacity
Investments
1.1 mmt/y
$7.5 billion
2. INVESTMENTS INVESTMENTS DIRECTED TO MAIN REFINING PROJECTS DURING (2015-TO DATE) ($ billion)
ERC
4.3
Hydrocracking Complex at ANOPC
2.9
Hydrocracking Complex and Production of Gasoline at Red Sea Co.
2.75
MIDOR
2.3
High-octane Gasoline Production Unit at ASORC
0.45
Revitalization of Coking Complex at SOPC
0.6
Aromatic Extraction Unit Project at APC
0.438
Asphalt 60/70 Production Unit at SOPC
0.064
DECEMBER 2021 - ISSUE 180 | 19