The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged the Cooperation Petroleum Company’s (Copetrole), and Misr Petroleum Company to renew and develop their distribution systems to transport petroleum products from shipping warehouses, fuel transmission vehicles, and supply stations in line with latest technologies.

Suez Governor, Abd El Megeed Sakr assigned Misr Petroleum Company to establish new fuel station at Naseem way.

Port Said plans to build a fully-utilized fuel station in collaboration with The Egyptian International Gas Technology (Gastec) and Misr Petroleum Company.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, accompanied by Adel El-Ghadban, Port Said's Governor, launched two new oil tankers (Egypt 2,3) to supply ships with fuel in the Port Said Port, with investments estimated at $14 million in favor of Misr Petroleum company.

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.

Under the protocol, Misr Petroleum would be willing to supply different kinds of oil products, chemicals, and detergents to be sold and marketed in Butagasco’s warehouses, in addition to being able to hold permanent exhibitions with Butagasco.

Misr Petroleum Company has allocated EGP 155 million for establishing 160 filling stations during FY 2018/19.

Misr Petroleum Company increased its operations during fiscal year (FY) 2016/2017, adding 33 new fuel outlets, bringing its total number to 1336.