El Molla: Local Manufacturing to Dominate Oil, Gas Equipment

El Molla: Local Manufacturing to Dominate Oil, Gas Equipment

The Minister of Petroleum and Mineral Resources, Tarek El Molla, emphasized the local manufacturing of petroleum equipment to reduce imports and rationalize foreign exchange while visiting Petrojet’s central workshops for manufacturing static equipment. This showed how all national petroleum companies (NOCs) especially Petrojet gained distinguished experiences and achieved outstanding results in the local manufacturing field.

For his part, the Chairman of Petrojet, Waleed Lotfy, mentioned that the company owns six local manufacturing workshops for static equipment inside Egypt, including one under construction in El Alamein. The company also owns two workshops outside Egypt. Additionally, he added that the local manufacturing workshops include 3,200 static equipment.

The company is also implementing a plan to increase production capacity to keep pace with the needs of the petroleum sector in line with international standards. Lotfy added that it is expected that Petrojet’s manufacturing equipment reach 33,000 tons, in addition to 25,000 tons of metal during the next three years.

Finally, El Molla praised the company’s employees for their outstanding efforts in implementing national projects with the highest quality standards. El Molla was accompanied during his visit by the Chairman of Egyptian General Petroleum Cooperation (EGPC), Abed Ezz El Regal and his two deputies for refining manufacturing, planning and chemical projects Ashraf El Shamy and Ayman Emara, in addition to the Minister’s Assistant for Transportation and Distribution of Petroleum Products, Mahmoud Nagy.


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