El Molla Inspects Assiut’s High-Octane Complex
Minister of Petroleum and Mineral Resources, Tarek El Molla, has inspected the high-octane complex in Assiut that has investments of $450 million and a production capacity of 800,000 tons of octane.
Minister of Petroleum and Mineral Resources, Tarek El Molla, has inspected the high-octane complex in Assiut that has investments of $450 million and a production capacity of 800,000 tons of octane.
Petroleum Arrows Company transported about 11 million liter of petroleum products per day during 2020, representing 25.5%, according to a press release.
Petroleum Arrows has transported more than 10 million liter of petroleum products per day during 2019, with an increase of 24.5% compared to the previous year.
Petroleum Arrows has started the health, safety and environment (HSE) week for 2019 with trials to enhance its health and safety culture.
Petroleum Arrows aims to increase the distribution rate of the industrial gases, ammonia and high-grade propane, and transporting the petroleum products with 5% by the end of Q4 in 2019.
Petroleum Arrows Company is seeking to increase its market share in transporting and distributing petroleum products to 24% by the end of 2019.
Petroleum Arrows' market share in petroleum products transportation across Egyptian governorates stands at 23%, with a rate of about 8.5 million liters per day.
Petroleum Arrows aims to increase the transportation and distribution of petroleum products by 4% in 2019.
Petroleum Arrows Company acquires around 24% of the total distribution of petroleum products such as gasoline, diesel and mazut across the country.
Petroleum Arrows company plans to expand its oil recycling activities as the company plans to collect around 55,000 tons of used oil at the beginning of 2020.