Cairo's historic Abdeen Palace was once again brought to life as TAQA celebrated its 20th anniversary in the presence of many industry professionals and leaders from the regional energy sector.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has received a delegation from Indorama International Company, headed by Amit Lohia, the Vice President of the company, where they discussed investment opportunities available in the field of petrochemicals, especially the production of phosphate fertilizers, mineral silicon, and ammonia, in light of the company’s desire to invest in value-added projects in the Egyptian petroleum sector.
Prime Minister Mostafa Madbouly has met with the Vice President of Specialty Products at ExxonMobil Loic Vivier for talks about the company’s projects and expansion plans in Egypt during the coming period.
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Vice President of Specialty Products at ExxonMobil Loic Vivier to review the company’s practices in marketing its petroleum products and chemicals in Egypt as well as explore new opportunities for expansion.
Following the opening, El Molla stated that the petroleum sector is continuing to increase outlets for fueling cars with natural gas in all parts of the Republic to make it easier for citizens, in light of the reliance on gas as a clean, environmentally friendly, low-cost and high-performance fuel.
The number of units benefiting from natural gas services across Egypt increased from 6 million households in 2014 to about 14.2 million housing units in 2023, which will provide this urban service to more than 62 million citizens.
Alexandria Mineral Oils Company (AMOC) production during fiscal year (FY) 2022/23 amounted to about 1.5 million tons of various petroleum products for the local market, especially diesel, butane, and naphtha for the production of gasoline and essential oils.
Following the acquisition of Al Mansouri Petroleum Services Company (AMPS), the Industrialization and Energy Services Company, 'TAQA,' has fortified its footprint in Egypt. This strategic move aims to position Egypt as a regional hub and a robust gateway for expansion into the Middle East and Africa.
Alexandria Petroleum Maintenance Company (Petromaint) has completed all repair work and the trial operation of its heat exchangers, adopting self-implementation systems and in accordance with the manufacturer’s instructions.
Participants in the third session of the Seventh Al-Ahram Energy Conference reviewed the Ministry of Petroleum and Mineral Resources' vision and the petroleum sector’s work plan and activities towards enhancing carbon reduction efforts and energy transformation as priority areas to support Egyptian and global efforts towards confronting the phenomenon of climate change.
