​​​​​​​​​​​​Program​ 4 : Downstream Performance​


Main Objectives

  • Increase Asset utilization and resource integration

  • Achieve globally competitive cost performance

  • Improve energy efficiency.

Achievements to date:

  • Presidential inauguration of 2 main refining projects with total investments of $4.5 billion

  • Enhancing institutional setup for managing energy efficiency.

  • Developing Energy Efficiency Strategy with a specialized international consultant (ongoing)

  • Achieving annual energy savings of $35 million through applying no/low cost energy efficiency measures

  • Implementing energy efficiency projects worth $450 million

  • Organizing two editions of the Egyptian Petroleum Sector Energy Efficiency Conference (third edition preparations are ongoing)

  • Developing energy efficiency capacity building plan for more than 1000 trainees

  • Joining the World Bank’s initiative for Zero Routine Flaring By 2030