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.

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

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

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

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

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

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 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.