Middle East Oil Tankage and Pipelines (MIDTAP), Egypt’s operator of oil storage, pipelines, and marine terminal services, handled more than 5 million tons (mmt) of petroleum products in 2025, including diesel, jet fuel and styrene, one of the petrochemical products, with the total number of tankers reaching 180, said Chairman Hasanen Mohamad Hasanen during the the company’s general assembly meeting to approve its 2025 fiscal year (FY) results.
He noted that the company’s marine dock recorded growth in activity in the movement of petroleum products compared to the previous year. In 2024, MIDTAP recorded a total of 4.7 mmt of petroleum products traded at its dock, receiving 153 tankers.
During the meeting, Hasanen reviewed the company’s operational results, highlighting its role in implementing the petroleum ministry’s pillars, which include receiving petroleum product shipments via the company’s marine berth at Dekheila Port and pumping them into the local market through the national petroleum product pipeline network.
He added that MIDTAP contributed to maximizing the economic value of refining operations, accelerating the loading and unloading of products from the Middle East Oil Refinery (MIDOR), and securing crude oil supplies to the refinery.
Hasanen said that the company is working to diversify its activities through new partnerships, including the establishment of the Mada company to develop electric vehicle (EV) charging in partnership with Infinity, Hassan Allam Holding, and Misr Petroleum companies. The project targets the deployment of 510 EV charging points over five years.
The company is also studying a project to establish liquefied petroleum gas (LPG) handling and storage facilities in Alexandria with a capacity of 80,000 tons, he added.
Karim Badawi, Minister of Petroleum and Mineral Resources, said during the meeting that MIDTAP has strong opportunities to expand its activities in implementing infrastructure projects for pipelines, storage tanks, and facilities for handling crude oil, petrochemicals, and their products, helping maximize the company’s capabilities and open new areas of business.
Badawi added that MIDTAP’s growing role in executing diverse projects requires continued adherence to the highest standards of occupational safety, health, and environmental protection.
During 2025, MIDTAP recorded 60,000 safe working hours, trained technical members of the process safety committee through the Process Safety Management (PSM) System Foundation program, and renewed the fire safety compliance certificate for the Dekheila Port facilities.
The minister also directed the company to prepare a comprehensive vision for its upcoming five-year plan to support sustainable growth in business volume and strengthen its competitiveness. This plan should include expanding participation in petroleum sector infrastructure projects, improving the efficiency of existing assets and maximizing their utilization, as well as adopting the latest technological systems for operating and managing pipelines and storage facilities.
