The project consists of two plants: one for producing linear polyethylene (PEL) and another for producing polypropylene (PP), each with an annual production capacity of 300,000 tons.
Both plants utilize cutting-edge technologies that ensure top energy efficiency. These technologies are leading in the market and are the first of their kind to be implemented on the Iberian Peninsula.
Located onshore Libya, the Abu Attifel and NC 125 fields are active in conventional oil production. Their peak production occurred in 1994, having already recovered 92.14% of their total recoverable reserves. Economic projections indicate that oil extraction will continue until these fields reach their economic limit by 2046. Presently, these fields contribute approximately 5% to Libya’s daily oil output.
The Assiut oil refinery in Egypt is undergoing a significant expansion and modernization effort to meet the rising demand for petroleum products in Upper Egypt.
As part of the refinery upgrade, new facilities including a naphtha complex and a hydrocracking complex will be added.
This expansion and modernization initiative will further boost the refining capacity of the existing refinery. Presently, the refinery processes 4.5 million tonnes per annum (Mtpa) of distillation crude.