New expansions to produce 4.6 million tons of petroleum products at a cost of EGP 390 million

 Minister of Petroleum, H.E. Eng. Sameh Fahmy,  visited the refinery accompanied by Alexandria governor, General Adel Labib and leaders of the petroleum sector, to follow up the new expansion at MIDOR refinery in order to increase the main petroleum products, such as Gasoil, Gasoline, LPG and  Jet Fuel, to face continuous increasing local consumption rates of petroleum products after execution of the expansion project of the Delayed Coker by installing the third heater, which increases 17% to the production capacity at a cost of $390m. 

The project guarantees continuous unit operation, with the possibility to use low value heavy products to attain high revenues, as well as the ultimate utilization of Egyptian petroleum assets, to magnify the added value and provide thousands of employment opportunities.

MIDOR's Chairman, Chemist Medhat Youssef noted that the refinery is capable of converting low value Fuel Oil into high value products, whereby it produces 2.5 million tons of Gasoil equivalent to 40% Egyptian refineries production, in addition to 1.1 millon tons of High Octane Gasoline 95, one millon ton of Jet Fuel, LPG, Coke as well as pure Sulfur with a total production of 4.6 million tons.

The chairman also illustrated the implementation of a project to increase product storage capacity by installing three new tanks with a capacity of 63,000 sqm of Diesel, Fuel Oil at an investment cost of EGP112 million including the required mixers and heaters.

The project aims to secure the increase of local demand, which should be executed by the end of 2010. At the end of the visit, Minister of Petroleum and his associates witnessed works of the engineering building and the central library which will be executed in June 2010.