Egypt’s Alexandria Refinery Lifts Output, Operations Reach 83%

Egypt’s Alexandria Petroleum Company raised the operating rate of its refinery to 83 per cent in the final two quarters of the 2025/2026 financial year after processing 9 per cent more crude oil than in the previous year.

The improvement came after crude supplies to the refinery rose during the second half of the financial year, allowing the company to lift production across a range of fuels and industrial petroleum products.

The refinery had operated at 70 per cent during the first quarter before reaching 83 per cent in each of the last two quarters, the company disclosed at its General Assembly on Saturday.

The rise in crude processing produced some of the sharpest gains in LPG and asphalt.

LPG production rose 46 per cent from the previous financial year, while fuel oil output climbed 25 per cent.

Production of naphtha, which is used to make gasoline, rose 9 per cent. Diesel output increased 6 per cent, while jet fuel and kerosene production climbed 16 per cent.

Industrial products also recorded substantial gains. Production of 80/100 asphalt rose 81 per cent, while oxidised asphalt increased 62 per cent. Petroleum solvents supplied to local industries were up 30 per cent.

The figures show how improved crude supplies allowed the refinery to process more oil and produce larger volumes of products for different parts of Egypt’s economy.

More crude, more products

Alexandria Petroleum also increased supplies of refinery feedstock to several Egyptian companies, including the Egyptian Linear Alkyl Benzene Company, Alexandria Mineral Oils Company, Egyptian National Refineries Company, Amreya Petroleum Refining Company and Alexandria Specialty Petroleum Products Company.

The extra supplies supported increased production of high-octane gasoline, high-quality oils and raw materials used in industrial detergents and other products.

Alongside the rise in refinery activity, the company has continued work on its Oil Complex and two steam boilers.

Work on the first boiler has been completed, while the second is expected to be ready within days. The boiler project costs 400 million Egyptian pounds.

Alexandria Petroleum expects the work to save more than 2 billion Egyptian pounds compared with the cost of replacing the boilers.

The company also expects the project to help keep the refinery operating, lower gas consumption and reduce carbon emissions.

A comprehensive overhaul was carried out at the complex during the financial year. Production-unit compressors were replaced and renewed as part of the work.

The overhaul supported continued operations and helped restore local production of several oils and waxes that would otherwise have been imported.

The refinery’s performance during the year was therefore shaped by two developments: increased crude supplies that allowed more oil to be processed, and maintenance work intended to keep production units functioning.

The result, for the company, was a 9 per cent rise in crude refining volumes and higher output across both transport fuels and industrial products.

The jump from a 70 per cent operating rate in the first quarter to 83 per cent in the final two quarters also provided the basis for the increase in production recorded during the year.

The gains were announced as Alexandria Petroleum reviewed its 2025/2026 financial year at Saturday’s General Assembly, placing crude availability and refinery operations among the factors behind the higher output.