Prime Minister Mostafa Madbouly has inaugurated the gas recovery project at Nasr Petroleum Company (NPC)’s refinery in Suez Governorate with a cost of EGP 1.1 billion. Executed through PETROJET as the general contractor, the project is designed to produce 340,000 tons annually of butane and naphtha, a key feedstock for high-octane gasoline production.
According to Karim Badawi, Minister of Petroleum and Mineral Resources, the project enhances the added value and economic benefit of natural gas by utilizing it through processing units rather than flaring.
During his visit, Madbouly inspected ongoing development works to boost production at the refinery, established in 1911, making it one of Egypt’s oldest refineries.
The refinery operates three gas recovery units, in addition to five production units, with a total capacity of around 7.7 million tons annually (mt/y). It meets part of Egypt’s demand for key petroleum products such as butane, diesel, naphtha, kerosene, jet fuel, mazut, and asphalt, said NPC Chairman Mohamed Abdullah.
Abdullah reviewed the company’s logistical facilities, including Nasr Petroleum Port, which receives crude oil and some petroleum products, in addition to being used as an exporting port sometimes. as. The company also operates an area dedicated to receiving, storing, and shipping diesel fuel.
