Arab Petroleum Pipelines Company (SUMED) has succeeded testing nine overland warehouses with a total capacity of 300,000 cubic meter, according to an official source in the petroleum sector, Al-Ahram Gate reported.

The source added that this comes to serve the governmental efforts in turning Egypt to a regional hub in the gas and petroleum trade.

SUMED has previously started implementing several projects that are worth of $415 MM, including warehouses, setting up a port that receives liquified natural gas (LNG), in addition to building facilities that receive butane, diesel and crude oil carriers.

SUMED is a joint venture of $400 million capital that owns and operates two parallel pipelines of 42” in diameter and 320 km in length, linking Ain Sukhna to the Red Sea where vessels discharge their cargos, can accommodate any tanker size and can receive four vessels at a time to Sidi Kreir on the Mediterranean.