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Suez Oil Processes 1.4M Tons Crude in 2025-2026
Mohamed Shahat El-Baz, Chairman of Suez Oil Refining Company, revealed that the company repeated the production of approximately 1.4 million tons of crude oil during the 2025-2026 fiscal year to meet market needs for diesel, asphalt, LPG, kerosene, and gasoline, including fuel for ships. This strategy was preceded by efforts to enhance operational safety and improve refining efficiency, as the last quarter of the fiscal year showed a significant increase in the amount of crude processed compared to targets, with savings of over $275,000 through energy conservation projects. The company also continued developing the coking complex project to produce high-quality diesel aimed at reducing import bills, in addition to its activities in testing the quality of raw materials and products, which constitute more than 7% of the petroleum sector's activities.
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