What is the role of refining and petrochemical industries in Egypt?
Egypt’s refining and petrochemical industries play a dynamic role in the Egyptian economy. The Egyptian petrochemical industry is considered as one of the most vital strategic industries on which many complementary industries are based, and it has a direct impact on supporting the national economy.
Where is EGPC oil refinery located?
The refinery is located northeast of Cairo in Mostorod, in the Qalyubia Governorate of Egypt. It is situated 330,000m 2 site adjacent to the pre-existing EGPC-owned Cairo oil refinery. ERC has an offtake agreement with EGPC to supply petroleum products at international prices for a period 25 years.
Why should Egypt digitize petrochemicals & refineries?
It is worth mentioning that digitizing both industries play a major role in upgrading and promoting the performance of Egypt’s refineries and petrochemicals complexes. Hence, Egypt is able to meet its local demand and reduce its import bill.
Where is the ERC Mostorod refinery located?
The ERC Mostorod refinery is intended for the import substitution of petroleum products in Egypt. The refinery is located northeast of Cairo in Mostorod, in the Qalyubia Governorate of Egypt. It is situated 330,000m 2 site adjacent to the pre-existing EGPC-owned Cairo oil refinery.