The Cooperation Petroleum Company’s (CPC) sold 9.4 million tons of petroleum products, including gasoline, diesel, and mazut, in fiscal year (FY) 2024/25, according to Mostafa El Sayed, the company’s Chairman during the general assembly chaired by Minister of Petroleum and Mineral Resources, Karim Badawi, to approve the company’s results of FY 2024/25.
The company operates 32 warehouses, which represent 35% of Egypt’s total storage capacity for petroleum products. It provides services at 1,232 gas stations, 373 of which have been upgraded, with 17 new stations currently being put into operation,
CPC further expanded its production and marketing of modern, high-performance lubricants, achieving a 16% market share in the local market. It increased its average profit per ton by 10% due to higher sales, in addition to exporting 1,022 tons of lubricants.
In the ship bunkering business, sales reached approximately $16 million. The company also continued to expand in the chemicals and home care products market through its brand, “VIDA.”
CPC is a national company in the field of marketing of petroleum products, with activities that include producing and marketing of different types of lubricating oil such as engine oils, hydraulic oils and special oils for tools and machines in all fields