Minister of Petroleum and Mineral Resources Tareq el Molla said setting and implementing a comprehensive vision for the development and modernization of Egyptian petroleum refineries have contributed to increasing their production capacity and promoting their operating efficiency, especially that most of them have been working for decades.

Molla made the remarks on Tuesday 20/9/2022 during meetings of the general assemblies of a number of petroleum refining companies to approve the business results for the 2021/2022 fiscal year.

The minister emphasized the importance of keeping pace with modernity and the global development seen in the petroleum refining industry.

He also underscored the necessity of providing petroleum products with global specifications with a view to meeting the local market needs and exporting surplus products.

Source: State Information Service Egypt