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الوطن
$4B Refinery Initiative
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi discussed with global company Honeywell how its digital technologies and artificial intelligence could be used to modernize refineries, improve operating efficiency, and reduce emissions. The meeting took place on the sidelines of ADIPEC 2026. The current program includes six projects with an estimated investment of around $4 billion, aimed at increasing production of gasoline, diesel, and jet fuel. Refineries are currently operating at about 80% of capacity. The two sides agreed to select pilot sites for smart control systems and emissions monitoring, and to assess the results before expanding their use. They also discussed supporting petrochemical projects and training Egyptian engineers.
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