Economics of Refineries in Egypt- Tracking Economic Contribution of Refining Industry FYS 2016-17-18

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RESEARCH & ANALYSIS

ECONOMICS OF

REFINERIES

IN EGYPT:

TRACKING ECONOMIC CONTRIBUTION OF REFINING INDUSTRY (FYs 2016/17 - 2017/18)

BY AMINA HUSSIEN, REHAM GAMAL & TASNEEM MADI

E

gypt is ranked as having the largest refining industry in Africa, with a capacity of 23% and a throughput reaching 24.4% of the overall size mentioning that the Egyptian refinery industry in 2018 had increased to 519,000 barrels per day (bbl/d), compared to 508,000 bbl/d in 20 growth rate to rise by 2.2%, a report by the Energy Information Administration (EIA) has pointed out and data was stated in BP’s Annual Stati

PROFILE OF EGYPT’S LARGEST REFINERIES:

In 2018, the Egyptian refining capacity represented 23% of the total African refining capacity.

Egypt’s 12 operating refineries, with a total capacity of 750 kbbl/d in 2018 the country in the rank of the biggest oil refinery in the African continent, to BP’s Annual Statistical Review of 2019.

In 2018, Egypt’s refinery throughput represented 24.4% of the total African refinery throughput. The Egyptian Refinery Throughput (b/d) 519,000

508,000

Y

16 | EGYPT OIL & GAS NEWSPAPER

2018

MIDDLE EAST OIL REFINERY (MIDOR) MIDOR refinery was established in 1994 to refine crude oil and to process quality petroleum products for the domestic and international markets.

% 2.2

2017

Egypt possessed 12 operating refineries, with a total capacity of 750,000 b/d in 2018.

The refinery, located in Borg EL Arab, west of Alexandria, has a total refining of 5 million tons per year (mmt/y).


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Economics of Refineries in Egypt- Tracking Economic Contribution of Refining Industry FYS 2016-17-18 by Egypt Oil & Gas - Issuu