July 2015

Columns

HP Global: Investment in Egypt’s downstream on the rise

Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports.

Oirere, S., Contributing Editor

Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports. Such investments are materializing as the government becomes more stabilized and the economy shows strong signs of recovery. Demand growth for petrochemicals The increasing demand for petrochemical products, especially ethylene, and the global shift to cleaner Euro-V-grade diesel are the main drivers for heightened investment in the Egyptian refining sector. Egypt, with total oil production of 680 Mbpd, operates nine refineries with an estimated combi

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