Egypt’s ALEX-Petroleum raises refinery rate to 83%
Egypt’s Alexandria Petroleum Company increased its crude oil refining volumes by 9 per cent in the 2025/2026 financial year, raising the refinery’s operating rate from 70 per cent in the first quarter to 83 per cent in the final two quarters. The figures were announced during the company’s General Assembly on Saturday.
The increase was driven by higher crude oil supplies during the second half of the financial year and resulted in higher production of several petroleum products compared with the previous year.
Liquefied petroleum gas (LPG) production rose 46 per cent, while fuel oil output increased 25 per cent, naphtha used to produce gasoline rose 9 per cent, diesel increased 6 per cent, and jet fuel and kerosene production climbed 16 per cent.
Production of 80/100 asphalt increased 81 per cent, while oxidised asphalt rose 62 per cent. Petroleum solvents used by local industries also increased 30 per cent.
The company increased feedstock supplies to Egyptian Linear Alkyl Benzene Company (ELAB), Alexandria Mineral Oils Company (AMOC), Egyptian National Refineries Company (RBC), Amreya Petroleum Refining Company and Alexandria Specialty Petroleum Products Company (A SPPC).
The increased feedstock supplies supported higher production of high-octane gasoline, high-quality oils and raw materials for industrial detergents and other products.
The company is also developing its Oil Complex and upgrading its two steam boilers. Work on the first boiler has been completed, while the second is expected to be completed within days, at a total cost of 400 million Egyptian pounds.
The project is expected to save Alexandria Petroleum more than 2 billion Egyptian pounds compared with replacing the boilers, while helping maintain operations, reduce gas consumption and cut carbon emissions.
A comprehensive overhaul of the complex was also carried out alongside the replacement and renewal of production-unit compressors, supporting continued operations and the restoration of local production of various oils and waxes instead of imports.