Alexandria Mineral Oils Company (AMOC) inked a joint agreement with Middle East Oil Refinery (MIDOR) to upgrade the quality of AMOC’s production to meet international standards, increasing the supply of high-quality diesel to the domestic market by approximately 350,000 tons
The agreement is part of a plan to enhance integration among petroleum sector companies. It aligns with the directives of the Minister of Petroleum and Mineral Resources, Karim Badawi, to accelerate high-value integrated projects, according to a Ministry statement.
AMOC, which was established in 1997 and listed on the Egyptian Exchange (EGX) in 2004, produces various products, including paraffin wax, automatic transmission oils, base oil, transformer oils, and fuel oils, across two complexes: one for lubricants and other oils, and a second for gas oil production. AMOC currently sends fuel to MIDOR for refining.
MIDOR, located in the Ameryia specialized free zone in Alexandria, operates 16 production units with a maximum refining capacity of 100,000 barrels a day (bbl/d).
