El Molla Follows Up Fuel Supply Security

El Molla Follows Up Fuel Supply Security

Minister of Petroleum and Mineral Resources Tarek El Molla met with petroleum sector leaders to follow up on the system put in place to secure domestic fuel supplies, including petroleum products and natural gas.

During the meeting, El Molla highlighted the continuation of efforts made to ensure the availability of petroleum products of various types to the local market and the availability of natural gas and fuel for power stations.

The minister pointed out the importance of following-up on the balances of petroleum products and butane gas through accurate real-time monitoring of their circulation via the central operations room and the two electronic follow-up systems that work efficiently in this regard. He added that employing modern digital technologies helps in giving an instant and accurate picture of the actual situation on-site in terms of stocks, available quantities and consumption requirements.

During the meeting, the operational status of petroleum refineries and programs for optimal economic exploitation of refining energies were reviewed to support efforts to meet local needs for fuel. In addition, the meeting followed up on the crude, gasoline, and diesel import programs to secure the needs of the local market.

The meeting shed light on the reception and unloading of the first gas tanker with a load of 5,500 tons at the berth of the United Company for Gas Derivatives in Damietta Port. This marks the start of its trial operation to receive imported butane via a new channel through which it can be received from the Mediterranean.

Sarah Samir 2745 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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