Petroleum Arrows Targets %24 Market Share

Petroleum Arrows Targets %24 Market Share

Petroleum Arrows Company is seeking to increase its market share in transporting and distributing petroleum products to 24% by the end of 2019, according to the company’s head, Ahmed Abdel Moteleb, Amwal Al-Ghad reported.

The company is dominating about %65 of the total butane transportation activity across Egypt’s governorates at around 3,000 tons per day, as well as %20 of the transportation market of other petroleum products, such as gasoline, ammonia, and mazut. It is also seeking to focus on other products like ammonia and high-quality propane.

Abdel Moteleb pointed out that Petroleum Arrows transports around 8.5 million liters of petroleum products per day across the country.

The company has played a major role in transporting petroleum products to supply major national projects, such as the Suez Canal tunnels and the New Administrative Capital.

Petroleum Arrows also works in several fields in the local market, mainly transporting petroleum products from refineries to marketing and distribution centers.


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