Developing the infrastructure and oil ports are two of the Ministry of Petroleum’s main priorities in the framework of the government’s work program, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has said, Egypt Oil & Gas reports.
The work program aims to increase the efficiency of the country’s infrastructure, including the transportation networks used for moving crude oil and natural gas.
The minister pointed out that the completion of several crude oil and petroleum products transmission lines, as well as the completion of the butane storage warehouse in Sohag, will ensure that demand for butane is met, especially at peak times.
There are several projects in the fields of transportation, reception, storage and circulation of petroleum products, including projects that are being currently implemented, and project that have been completed. This includes the petroleum products trading station and terminal station in the Arab Petroleum Pipelines Company (SUMED)’s Ain Sukhna port, which is being currently implemented at the cost of $415 million.
The SUMED project includes establishing a 2.5 km-long, 19 meters-deep berth, linked to the Marasy 3 berth. This will receive liquefied natural gas cargoes on the Floating Storage Regasification Unit.