Cairo – Mubasher: Assiut National Oil Processing Company (ANOPC) has been awarded the construction and management contract of Assiut Oil Refining Company’s (ASORC) EGP 33.12 billion ($1.85 billion) project for the hydrogen cracking of mazut, Egypt’s Petroleum Ministry announced.
Aimed at upgrading the efficiency of oil refineries, the project will utilise the state-of-the-art oil refining and processing technology, oil minister Tarek El-Molla stated in a press conference.
The project will supply a big portion of Upper Egypt governorates’ fuel demands, along with mitigating the risk of transporting such oil products to Lower Egypt, El-Molla added.
Requiring around 2.5 million tonnes of Mazut annually, the new project would have an annual production capacity of 1.6 million tonnes of low sulfur fuel under EU 5 Standard, along with 402,000 tonnes of naphtha and 101,000 tonnes of liquefied petroleum gas (LPG).
