Egypt ramps up oil production & energy investment with new incentives and deep sector reforms, says Minister Badawi.
The data shows that Egypt’s petroleum product exports totaled approximately $2.417 billion from January to September 2024, up from $1.638 billion during the same period in 2023. This represents an increase of $779.064 million
ADES expects operations to commence within 90 days from now.
The project aims to maximize the production of petroleum products, by increasing the current refining capacity from 100 to 160 thousand barrels/day, with an increase in production of up to 60%.
In recent years, the oil and petroleum industry has achieved unprecedented results in Egypt.
