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The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects. [1]
Although Egypt is not a member of OPEC, it is a member of the Organization of Arab Petroleum Exporting Countries. [2] As of 2005, Egypt's proven oil reserves were estimated at 3.7 billion bbl (590 million m 3), of which 2.9 billion bbl (460 million m 3) was crude oil and 0.8 billion bbl (130 million m 3) were natural gas liquids. [2]
The first independent Ministry of Petroleum was established in March 1973, to manage the political role of petroleum resources before the war of 1973. In view of the strategic significance of the Ministry's existence as a political body that sets the general petroleum strategies on new bases to go in line with the requirements of the country at this stage.
Oil field in California, 1938. The modern history of petroleum began in the nineteenth century with the refining of paraffin from crude oil. The Scottish chemist James Young in 1847 noticed a natural petroleum seepage in the Riddings colliery at Alfreton, Derbyshire from which he distilled a light thin oil suitable for use as lamp oil, at the same time obtaining a thicker oil suitable for ...
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
2.5 million barrels per day (400 × 10 ^ 3 m 3 /d) The Sumed Pipeline (also known as the Suez-Mediterranean Pipeline ) is an oil pipeline in Egypt , running from the Ain Sokhna terminal in the Gulf of Suez , the northernmost terminus of the Red Sea , to offshore Sidi Kerir port , Alexandria [ 1 ] in the Mediterranean Sea .
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An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha.
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