The Minister of Petroleum and Mineral Resources, Tarek El Molla said the they are currently implementing the program of Enterprise Resources Planning (ERP) which came in the framework of digitizing the petroleum sector noting that it will be finalized at the end of 2021.

The general assemblies of Cooperation Petroleum company (Copetrole) and Misr Petroleum Company were held on January 19, to approve their budget planning of fiscal year (FY) 2020/2021, headed by the Minster of Petroleum and Mineral Resources, Tarek El Molla.

The Minister of the Petroleum and Mineral Resources, Tarek El Molla, asserted the importance of the axial role of the Egyptian refineries in the sustainable market settlement in terms of the availability of the petroleum products and securing the fuel supplies.

The Suez Oil Processing Company (SOPC), Nasr Petroleum Company (NPC), and Petroleum Pipelines Company (PPC) reported on their operations for fiscal year (FY) 2016/2017.

Rashid Petroleum Company/Burullus Gas Company (RASHPETCO) and Badr El Din Petroleum Company (BAPETCO) reported production increase for fiscal year (FY) 2016/2017.

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the annual production and activity of Gulf of Suez Petroleum Company (GUPCO) and Pharaonic Petroleum Company for fiscal year (FY) 2016/2017.