The Assiut National Oil Processing Co (ANOPC) subsidiary of Egyptian refiner Assiut Oil Refining Co (Asorc) is to build a $2.5bn hydrocracker to upgrade residual oil from the simple 4.5mn t/y (90,000 b/d) Assiut refinery.

Egypt’s Ministry of Petroleum on 14 February said ANOPC had signed a preliminary construction contract with Egyptian contractor Enppi and UK-headquartered TechnipFMC for a hydrocracker that will produce 2.8mn t/y (around 60,000 b/d) of mainly diesel but also naphtha and butane. (CONTINUED - 276 WORDS)