Egypt has one of the strongest refining industries in Africa based in the Port Suez refinery complex. Egypt constitutes one of the largest markets for lubricants in Africa, accounting for as much as a sixth of the continents demand for lubricants. It is also one of the main producers of lubricants with three refineries producing base oils. EGPC is planning to increases production of lube oils. Egypt's strong petroleum industry supports the key chemicals sectors, fertilizers, petrochemicals, polymers and other chemicals.
Plans are also underway to expand the petrochemical industry in Egypt.
It is active in the upstream, downstream and petrochemical sectors. The EGPC has full responsibility for all sectors of the Egyptian petroleum industry and holds the sole right to import and export crude oil and other petroleum products. Egypt has one of the strongest refining industries in Africa based in the Prot Suez Refinery complex. Egypt s main refinery, Mostorod, is situated near Cairo. The government hopes to upgrade and enlarge the facilities which exist at present by increasing the production of petrochemicals, higher octane gasoline and lighter products.