The project's production capacity is likely to reach 3.5 million tons. annually of petroleum products, in addition to one million tons. of petrochemical products such as polypropylene and ethylene derivatives.
It is planned to feed the complex with about 5 million tons of diesel crude annually, most of which will be secured from the refineries in the Suez region to cover the needs of the local market and export. the surplus in a way that contributes to increasing the economic return of the state.
It is worth noting that the project will be implemented in two phases, the first to produce high-quality petrol 95, and the second to hydrocracking to produce jet fuel and a wide range of other derivatives.
The National Service Authority contributes 40%, the Egyptian General Petroleum Corporation 20%, the Egyptian Natural Gas Company (GASCO) 10%, the Egyptian. Linear Alkyl Benzene Production Company (ELAB) 10%,. and the Middle East Company for Tanks and Pipelines is participating in the giant project. Petroleum: “Medtab” 10%, petroleum projects and technical consultations “Petrojet” 5%, and the Engineering Company for the Petroleum and Chemical. Industries, “Enppi” 5%..The implementation of the project comes within the strategy. of the Ministry of Petroleum to develop. the refining sector at the level of the Republic, bringing the number of projects currently underway to develop the "refining" system to 7 projects, with a total investment of more than 11.7 billion dollars.The list of projects currently under implementation includes. the hydrogen cracking complex of diesel in Mustorod for the "Egyptian Refining Company"
with investments of 4.3 billion dollars, with a capacity of 4.1 million tons annually, and a high gasoline production project. in the "Assiut Petroleum Refining Company" at a cost of 427 million dollars, with a capacity of 660 thousand tons annually. MIDOR refinery expansions at an investment cost of $ 2.3 billion, and a project to establish a new hydrogen cracking complex for diesel in the Assiut National Petroleum Manufacturing Company (Anopec) at an investment cost of $ 1.9 billion, with a capacity of 2.5 million tons of diesel annually, for the production of light derivatives, and the project to rehabilitate the coking complex. And the establishment of a new unit to recover the "Suez for the manufacture of petroleum", with investments of $ 687 million
