NPC to Produce 4 M tons of Petroleum Products in FY 2019/20
Nasr Petroleum Company (NPC) plans to produce 4 million tons per year of petroleum products during fiscal year (FY) 2019/20, said Nabil Fahmy, head of the company, according to Al Ahram Gate.
The company will establish crude oil distillation apparatus with production capacity of 1.2 million tons per year, Fahmy noted in the general assembly chaired by Minister of Petroleum Tarek El Molla, who reviewed the budget plans for FY 2019/20.
NPC also plans to develop the health, safety and environment (HSE) systems, especially in terms of early alerts and automatic firefighting.
In light of the integration between the oil and gas sector’s companies, NPC contracted with Engineering for the Petroleum & Process Industries (Enppi) to establish a hydro-cracking unit and a hydrogen producing unit in order to benefit from the wastes of the asphalt and coking units currently under construction by the Suez Oil Petroleum Company (SOPC).
Via:: EGYPT OIL & GAS