The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Egyptian Natural Gas Company (Gasco) successfully received and distributed 58 billion cubic feet of natural gas to different sectors of the local market during 2017.
Middle East Oil Refinery (Midor) refined 40.5 million barrels of crude oil in 2017 and contributed in providing over 3 million tons of different petroleum products to the local market worth around $1.4 billion.
Petroleum Marine Services (PMS) signed 35 contracts worth $276 million, reaching its highest contracting rate since the day of its establishment, said Al Sayed Al Badawy, Head of PMS.
Petroleum Gas Company (Petrogas) plans to fill around 3.9 million tons of butane during fiscal year (FY) 2018/2019 in order to meet local market’s demands, Petrogas’ Head, Adel Al Shuwaikh, stated.
Petroleum Gas Company (Petrogas) sold 4.4 million tons of butane in Egypt’s domestic market and boosted butane storage capacity to 134,800 tons during fiscal year (FY) 2016/2017.