Egypt is Africa’s second largest oil refining nation and holds 23% of the continent’s total, domestically produced, crude oil. Egypt’s market is comprised of 9 refineries—all operated by Egyptian Basic Petroleum Corporation (EGPC) with the exception of the privately owned, MIDOR Refinery in Alexandria. The Wall Street Journal reported in 2013 that, “Egypt will spend $18 billion over coming years to construct new refineries and modify current plants in a transfer to increase its annual fuel output. A lot of the refineries are located in Cairo, Alexandria, or Suez. According to the Mbendi data services, the operating capacities for the refineries are as follows:
The Amiriyah Petroleum Refining Company has a capability of 78,000 b/d, and a 15,000 b/d vacuum distillation unit. It has a 9,000 b/d alkylation unit, and a 2,000 b/d lube baseoil manufacturing unit.
The El Mex Refinery, operated by the Alexandria Petroleum Company, has a capacity of 117,000 b/d, and 22,500 b/d of vacuum distillation capacity. As well as, it has a lube baseoil manufacturing plant and a bitumen unit.
The Center East Oil Refinery (MIDOR) was completed in 2002 in the Amiriyah Free Zone, Alexandria. It has a capability of one hundred,000 b/d, and has a 35,000 b/d hydrocracker, a 22,800 b/d coker, and a 10,seven hundred b/d isomerisation unit. Originally a joint Egyptian/Israeli venture, the Israeli shareholders sold out to the Egyptian Nationwide Financial institution in 2000.
The El-Nasr Petroleum Company near Suez has a capability of 146,300 b/d. It has a 35,000 b/d hydrocracker and a bitumen unit.
The El-Nasr Petroleum Company additionally operates the small Wadi Feran refinery on the Crimson Sea in the Gulf of Suez. It has a capacity of 8,550 b/d, and was designed to service operations related to the Suez Canal.
The Suez Petroleum Processing Firm near Suez has a capability of sixty six,400 b/d, and a 9,500 b/d vacuum distillation unit. It has a 16,400 b/d delayed coker, and a 1,000 b/d lube baseoil unit.
Rest of Egypt:
The Asyut Petroleum Refining Firm near the middle of Egypt has a capacity of forty seven,000 b/d. This straightforward refinery has a small Naphtha Reformer, and is designed to provide product to the central and southern regions.
The Tanta refinery near Port Said is operated by the Cairo Petroleum Refining Company. It has a capacity of 35,000 b/d. Other than a small hydrotreating unit it has no upgrading capacity.
The Cairo Petroleum Refining Company in Mostorod, near Cairo has a capacity of 145,000b/d.
Egypt’s Refined Merchandise
The vast majority of Egypt’s refined products are sold to local markets. Oil producers in Egypt are required to promote their crude oil to the Egyptian Normal Petroleum Corporation (EGPC) at a price below the world market value, and EGPC then sells the crude to its refineries on the global market, in response to the 2013 African Economic Outlook.
Egypt has to import diesel to fulfill native demand, since diesel consumption is double that of gasoline consumption. Based on Foreign Studies, EGPC sells diesel regionally at retail for 59 cents per gallon, but it pays about $2.80 per gallon wholesale for imports by the tanker-load.
Based on the U.S. Power Data Administration, “Egypt exported around a hundred,000 bbl/d of crude oil together with lease condensate in 2012. Most of Egypt’s exports have been sent to India (46%), the United States (32%), and Italy (17%) in 2012. /p>
Egypt can also be dependent on overseas products, and “is receiving gasoline shipments to cover its wants for this month, an energy official said despite $6 billion of free gasoline given by its Gulf allies, reported Ahram Online final month, including that aid from Saudi Arabia, UAE, and Kuwait is expected to proceed by way of September.
Importing Arabian Crude For Egyptian Refineries
Tarek El-Molla, CEO of EGPC, recently advised Day by day Information Egypt that Egypt would start importing Arabian oil for Egypt’s refineries, and exporting the upper-high quality crude produced in the Western Desert. “El-Molla mentioned this is because Egyptian plants require API 31 crude, which is much like the crude produced by Belayim Petroleum and Arabian Crude.
The Western Desert produces API forty two crude, based on El-Molla, reported Every day Information Egypt, including that there’s a pipeline being constructed to transport crude from the Western Desert’s Hamra oil subject to the SUMED repositories within the Alexandria port.
The project is purported to garner constructive margins for the state, SUMED, the Ministry of Petroleum, and the MIDOR refinery. El-Molla famous, that “Western Desert crude is not going to be exported unexpectedly, however by means of a gradual course of, stated Daily News Egypt. Amounting to about 680,000 b/d, manufacturing from the Western Desert fields is estimated to be about 55% of Egyptian crude manufacturing.
Of Egypt’s three important oil grades—Suez, Balyin, and Western Desert—the majority is refined domestically and offered at a discount, with only a small proportion sold to worldwide markets.
New Refinery to Upgrade Egypt’s Capacity
Development of the brand new Egyptian Refinery Firm (ERC) was deliberate to start in April 2014 and scheduled to final three years, in keeping with the Oil & Fuel Journal. Development of the refinery, proposed in 2006, met delays following the 2008/9 financial crisis, and the 2011 uprising.
ERC planned to increase Egypt’s refinery capacity for the first time since 2001, when the 100,000 b/d Sidi Kerir refinery got here online, Based on Arab Oil and Gas Journal.
“The Egyptian Refinery Company (ERC) plant, 20 km north of Cairo, will use gas oil produced by an outdated refinery close by as feedstock to provide 2.Three million tons of diesel per year, said The African Report, including that the refinery is expected to produce half the volume of diesel that Egypt currently imports. The plant is projected to be online by 2017.