Minister of Petroleum and Mineral Resources, Tarek El Molla, convened with a delegation from IFS, a company specializing in digital solutions aimed at enhancing performance efficiency. The delegation was led by Mark Moffat, the CEO of the company.

The meeting discussed the company’s proposal for cooperation with the petroleum sector in implementing digital transformation by exploiting artificial intelligence techniques to improve the efficiency of the fuel distribution process from warehouses to stations and improve the operational conditions of the petroleum products distribution process.

This reduces fuel consumption in the distribution process and truck transportation costs, with the possibility of linking the proposed system to be implemented with the ERP system.