Currently Ongoing Activities

    • Implement energy efficiency projects in Egyptian Natural Gas Company (GASCO) & Suez Oil Processing (SOPC) with co-financing of $450 million as a loan from the European Bank for Reconstruction and Development (EBRD) and $13 million as a grant from the European Union (EU).

        • GASCO Project: The Project intends to focus on energy efficiency investments comprising of waste heat recovery from compression stations at gas processing plants, including the Dahshour compression station.

        • SOPC project: intends to revamp the existing cooker and Upgrade / new hydro treating unit, which will enable SOPC to produce more middle distillates in line with Euro 5 specifications. Egyptian refineries are unable to produce enough middle distillates to meet local demand and have to compensate through imports. The investment will help realign supply and demand in Egypt and help reduce the need for imports.

    • Conduct two major studies to improve energy efficiency and upgrade production units in Alexandria Petroleum and Nasr Petroleum Companies, in cooperation with the European Bank for Reconstruction and Development (EBRD).

    • Implement the "Support the Technical and Financial Sustainability of the Renewable Energy and Energy Efficiency" project in cooperation with the European Union. The project aims to prepare an energy efficiency strategy, develop an action plan for energy efficiency and climate management, implement four technical energy audit in sector companies, and prepare a specialized energy efficiency capacity building Program.

    • Cooperate with the Japanese International Cooperation Agency (JICA) to enhance knowledge and skills of the sector employees within the energy efficiency domain. Specialized company (KBC) in the field of energy audit provides hand-on training to15 engineers from sector companies of technical audit in the Cairo Petroleum Refining Company.

    • Cooperate with EBRD to measure and reducing Methane and Volatile Organic Compounds (VOCs) Fugitive Emissions project. The bank granted $ 700,000 as a technical support for the project execution and the development of low carbon strategy for petroleum sector to contribute to the overall reduction of greenhouse gas (GHG) emissions and the fulfilment of national commitments towards the Paris Agreement on climate change.

    • Conduct a study in collaboration with the World Bank and the European Bank for Reconstruction and Development, on the economic viability of monetization of the associated petroleum gases across the sector's facilities. The study associated with the sector efforts to comply with requirements of the World Bank initiative "Zero Routine Flaring by 2030", which Egypt joined on November 7, 2017.

    • Utilize the digital transformation in collecting data from affiliated companies to EGPC & Holding companies in the same time. This technology integrates energy consumption data for petroleum sector, allowing better energy efficiency decision making.


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