SUMED

Enppi, Petrojet Completes Ain Sukhna’s SUMED Product Hub Project

Enppi and Petrojet have successfully executed Ain Sukhna’s SUMED Product Hub to meet the local market needs from petroleum products, imports, storages, and re-exports.

SUMED Successfully Runs Nine New Warehouses

Arab Petroleum Pipelines Company (SUMED) has succeeded testing nine overland warehouses with a total capacity of 300,000 cubic meter, according to an official source in the petroleum sector.

Saudi Arabia Signs $2 B Deal with SUMED

Saudi Arabia's Aramco and SABIC signed agreements with SUMED worth $2 billion to establish petrochemical projects in the Mediterranean region.

SUMED, ATC Sign Diesel Storage Agreement

The project has a total storage capacity of 222,000 cubic meters in Sidi Krir and will be re-exported to European Markets.

NBK-Egypt Renews Financing Deal Worth $10 B for EGPC

The National Bank of Kuwait-Egypt (NBK-Egypt) agreed on the renewal of a $10 billion financing agreement to support EGPC to meet its financial needs.

Petrojet Completes First Module for Ain Sokhna Platform

Petrojet completed the first module for the offshore platform at Ain Sokhna.

KPC Renews Contracts with SUMED

Egypt's Arab Petroleum Pipelines Company (SUMED) renewed its contract for the storage and transportation of crude oil with Kuwait Petroleum Corporation (KPC).

Cabinet Extends SUMED’s Mandate

The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years.

El Molla Visits Sumed’s LNG Platform

Egyptian Minister of Petroleum visited the liquefied natural gas (LNG) recipient platform and related facilities owned by Arab Petroleum Pipelines Company (SUMED) to follow up on the experimental work in the platform and facilities located in Ain Sokhna Port.

SUMED Signs $300m Deal with NBK

Sumed Company and National Bank of Kuwait (NBK) signed a $300m agreement to finance part of a project to store petroleum products and natural gas in Ain Sukhna port.

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