Egypt's petroleum sector delivered strong results in fiscal year 2024/2025, with Misr Petroleum, Cooperation Petroleum Company (CPC), and Petrogas reporting solid sales and expansion plans during their general assembly meetings. Minister of Petroleum and Mineral Resources Karim Badawi said the development of Misr Petroleum and CPC stations across governorates and the diversification of services represent a major step in modernisation. He also underlined the need for stronger marketing to boost sales of high-quality lubricants and chemical products, supporting local demand and creating new export opportunities. Misr Petroleum reported sales of 8.6 million tons of petroleum products and lubricants, alongside investments of 477 million Egyptian pounds in safety and environmental systems. The company upgraded 60 stations, opened seven new ones, and expanded its network to 1,562 nationwide, with two more under construction in the New Administrative Capital. It also modernised its Alexandria lubricants complex to increase exports and strengthened aviation fueling operations. CPC recorded increasing sales to 9.4 million tons of gasoline, diesel, and fuel oil. The company operates 32 depots, representing 35 per cent of Egypt's storage capacity, and 1,232 fuel stations, including 373 upgraded and 17 under development. CPC expanded its lubricant market share to 16 per cent, increased exports, and generated $16 million from marine bunkering. At Petrogas, Badawi emphasised the importance of securing butane supplies. The company delivered 3.674 million tons of butane and filled 313 million cylinders through 45 plants. It also operates 3,028 distribution centres, repaired 2.5 million household gas cylinders, and deployed 175,000 new ones. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
