crude soybean oil refining equipment with competitive price in egypt

                                               
                                               
                                               
                                               
                                               
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  • When does Egypt aim to achieve self-sufficiency in petroleum products?
  • Egypt hopes to achieve self-sufficiency in petroleum products by 2022. The Egyptian government encourages international oil companies (IOC) to participate in the oil and gas sector. More than fifty IOCs are currently operating in the country at present.
  • What is the growth rate of oil refining in Egypt?
  • The growth rate of oil refining in Egypt was 25% in FY 2019/2020, the highest rate achieved amongst economic sectors in Egypt, besting wholesale and retail trade, construction, and communication.
  • Which oil is imported by Egypt?
  • It is clear that palm oil is the major oil imported by Egypt whereby it represents about 60% of total imported oils in 2018 while the quantity imported from corn oil is the least being about 3% in the same year. Palm oil is imported from Indonesia and Malaysia after being refined, bleached and deodorized (RBD).
  • How has the production of cottonseed oil changed in Egypt?
  • According to that Figure, it is quite clear that the production of cottonseed oil in Egypt has been decreased greatly over the years from 1969 whereby it was 125 thousand tons oil in 1969 to 10 thousand tons only in 2019. 2.
  • What was Egypt's refinery capacity in 2019?
  • Egypt's refinery capacity in 2019 was 562,000 barrels per day (bpd). Although it has the largest refinery capacity in Africa at a nominal rate of 840,000 barrels per day (bpd), it operates well below this capacity.
  • How much will Egypt invest in petrochemicals?
  • Egypt plans to invest around USD 38 billion developing its petrochemicals sector over the next four years. The petrochemical sector represents about 12 percent of industrial production and generates revenues totaling USD 7 billion, equivalent to nearly 3 percent of GDP.