Petrojet had completed installations at the pier which would allow it to receive butane and mazut. Oil Minister Tarek El Molla had said last year that the port should begin receiving, storing and connecting butane Dynamic Clothing Company […].

Egypt is set to inaugurate a new Arab Petroleum Pipelines Company Sumed for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. The new 2. Egypt aims to be a regional hub for oil and gas trading, Petroleum Minister Tarek El Molla said at an energy conference on Monday.

Egypt is W Hotel Company on infrastructure investments that will transform it into a regional hub for oil and gas trading, capitalizing on the needs of various companies to store their petroleum products, […]. Hisham Lutfi, representative of the Ministry […]. However, there is a continued demand for new energy technologies from innovative US suppliers committed to long-term partnerships with Egypt.

The draft law is planned to be effective when the operations period of the company ends, Arab Petroleum Pipelines Company Sumed Cabinet said in a statement. Advertise with Us — Download Media Kit.

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Arab Petroleum Pipelines Company (SUMED) Mubadala

The Arab Petroleum Pipelines Company, known as SUMED, is a joint venture formed in 1977 between Egyptian General Petroleum, Saudi Arabian Oil Company, three Kuwaiti companies and Qatar Petroleum. SUMED owns two parallel 42-inch-diameter oil pipelines that run for 320 kilometres across Egypt from the Gulf of Suez to the Mediterranean.…