Cairo – Mubasher: Suez Oil Processing Company (SOPC) has processed around 1.6 million tonnes oil during the fiscal year 2018/2019, up 36% from the year-ago period.

The growth in the company’s output has contributed to the domestic market needs of Liquefied petroleum gas (LPG), fuel, and mazut, head of SOPC, Mohamed Elewaa, said on Saturday, according to a statement.

The value of SOPC’s production grew to EGP 2.4 billion ($147.2 million) in FY18/19, the top official added.

Elewaa stated that his company is currently executing four investment projects aimed at boosting operating efficiency and applying the latest health and safety standards.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.