Asyut Refining to make $3B in 2025-2026
The article focused on the plans and developments in the Egyptian petroleum sector. The Minister of Petroleum and Mineral Resources confirmed that developing infrastructure, including refining plants, transportation networks, and storage facilities, contributes to increasing the added value of crude oil and enhances Egypt's position as a regional hub for petroleum product trading. The results of oil companies, such as Assiut Oil Refining Company and the Petroleum Pipelines Company, showed the production of products worth one billion dollars, the extension of a pipeline network totaling 6,300 km, improvement in storage capacities, and strategic expansion of transportation strategies. The efforts of the company to double refining capacity and increase the production of high-value products were also highlighted, along with its developmental role in providing job opportunities in various governorates. These developments are part of a strategy to strengthen energy security and meet domestic demand, with a focus on safety and occupational health.
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