Sisi emphasized that the "state is the people," and so no one can drive a wedge between them. Sisi praises private sector, promises Musturud residents to benefit from projectOn Sunday, Sisi inaugurated a A $3.4M-hydrocracking complex with a yearly production of 4.7M tons of high-value petroleum products in Musturud city of Qalyubia, the Delta. The development of the petroleum sector in Egypt has cost L.E.1.2B, and more projects will be inaugurated in the coming months in Asyut, Upper Egypt to achieve self-sufficiency in terms of petroleum, Sisi said. The major project is part of an ambitious program to enhance Egypt's refining industry to secure the local market needs of petroleum products. Musturud complex converts low-value diesel into high-quality petroleum products that includes hydrocracking units for diesel, charcoal, vcuum distillation, sulfur treatment and naphtha repair.

Source: Egypt Today September 27, 2020 11:26 UTC