El Molla Launches New Digital Services at Fuel Stations

El Molla Launches New Digital Services at Fuel Stations

Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of a number of new digital services at fuel stations within the framework of the integrated program for digital transformation implemented by the ministry.

This comes as part of the development and modernization strategy, which aims to achieve the optimal economic exploitation of the resources and capabilities of the petroleum sector.

During his inauguration of the Integrated Petrol Station (Cargas) in Dokki, after its development, accompanied by Ahmed Rashid, Governor of Giza, El Molla explained that the first of these services is to provide an integrated system to manage and follow up the supply of vehicle fleets of contracting parties with fuel using electronic technologies instead of paper coupons. This ensures a more secure transportation and circulation process for petroleum products.

This integrated system also protects the rights of the two contracting parties, the marketing companies and the owners of those cars. It starts by determining the type of fuel used in the vehicles, controls the balances in terms of value and required quantities, and provides periodic follow-up reports that help decision-makers in the contracting authorities. Technical support services by telephone are offered by e-finance in cooperation with petroleum products marketing companies.

Moreover, cash withdrawal services called “Cash Out” at the stations will be available. As a service developed by i-Finance, in coordination and cooperation with the Ministry of Petroleum and its affiliated entities. It will enable citizens to withdraw cash from the gas station using his/her bank card. It will add a new channel to obtain cash from gas stations along with the existing channels by expanding it throughout all stations across Egypt, thereby reducing pressure on traditional channels (such as bank branches, ATMs, … etc.).

El Molla also pointed out the availability of an electronic payment service at gas stations so that the citizen can pay the value of the products/services obtained at the station through his bank card. This contributes to spreading electronic payment services and facilitating dealing with bank cards as part of the digital transformation process in Egypt.

The Minister announced that the Cash Out service and the electronic payment service have been launched and activated in more than 400 gas stations across the Republic.

Ayman Naguib, Cooperation Petroleum Company (Copetrole)’s Chairman, explained that the Dokki station, after its development, provides integrated fuel services to join the company’s 155 stations that currently provide that service. In addition, preparations are underway to operate 65 other stations that have been equipped, and that work is in progress to develop 70 other stations to bring the number of integrated fuel stations to 290. He added that Copetrole has 90 stations in Giza Governorate, 14 of which provide integrated fuel services, petroleum products, and natural gas.

Sarah Samir 2782 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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