Egypt will implement new projects to develop and raise the efficiency of national network of pipelines for transporting petroleum products and expanding network lines in an efficient and easy manner.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve future goals.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has examined the new EGP 920 million 115 kilometers (km) Sokhna - El-Tebeen pipeline project for the circulation of petroleum products.

The $450 million project is part of several projects aimed to achieve gasoline self-sufficiency in the next few years. Currently, the project’s expansion is valued at EGP 1.6 billion and is expected to operate with a production capacity of 660,000 tons per year of naphtha in addition to producing butane. 

Minister of Petroleum and Mineral Resources, Tarek El Molla underscored the importance of expanding infrastructure projects and networks to transport crude oil and petroleum products across Egypt’s provinces, with a focus on Upper Egypt. El Molla also emphasized ensuring safety and optimization measures in various petroleum domains.

Egypt plans to establish a pipeline to transport petroleum products from Ain Sokhna to El Tebbin and then to Mostorod and Upper Egypt.

The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.

Egypt is implementing a butane storage project in Suhag with storage capacity 6,000 tons of butane, which is equivalent to 600,000 butane cylinders.

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.

Minister of Petroleum, Tarek El Molla, attended general assemblies for Misr Petroleum Company, Co-operation Petroleum Company (COOP), and Petroleum Pipelines Company (PPC) to review the companies' general budgets for fiscal year 2017/2018.