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Tag: SUMED

Petrojet completes installation works at SUMED's Ain Sokhna pier

Posted: January 22, 2018 at 3:13 pm   /   Oil & Gas

Petrojet has completed its work on the Arab Petroleum Pipelines Company (SUMED)’s pier at Ain Sokhna port, Youm7 reports. Petrojet had completed installations at the pier which would allow it to receive butane and mazut. Oil Minister Tarek El Molla had said last year that the port should begin receiving, storing and connecting butane and […]

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Egypt closes in on energy hub goal with new gas deals

Posted: January 2, 2018 at 10:21 pm   /   Oil & Gas

Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. The new 2.5 km wharf is being built by SUMED, which for decades has operated two pipelines from the Red […]

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El Molla: Egypt to capitalize on world demand for oil & gas storage, trading

Posted: December 20, 2017 at 1:39 pm   /   Oil & Gas

Egypt aims to be a regional hub for oil and gas trading, Petroleum Minister Tarek El Molla said at an energy conference on Monday. Egypt is working on infrastructure investments that will transform it into a regional hub for oil and gas trading, capitalizing on the needs of various companies to store their petroleum products, […]

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Aramco likely to begin refining fuel in Egypt in 1Q2018 – officials

Posted: November 27, 2017 at 1:17 pm   /   Oil & Gas

Saudi Aramco is likely to begin refining crude oil in Egyptian refineries in 1Q2018, an official from the Oil Ministry tells Al Shorouk, initially at the Middle East Oil Refinery (MIDOR). Egypt will receive the 700k tons of fuel per month from Aramco — under the existing five-year fuel supply agreement — for MIDOR’s refineries, […]

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Egypt's Parliament approves extending SUMED work for 27 years

Posted: November 21, 2017 at 4:00 pm   /   Oil & Gas

The Arab Petroleum Pipelines Company (SUMED) executes oil projects with investments of $415 million. The Energy and Environment Committee of the House of Representatives, headed by MP Talaat Al-Suwaidi, approved on Sunday a draft law of the government to extend the term of the Arab Petroleum Pipelines Company (SUMED). Hisham Lutfi, representative of the Ministry […]

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KPC renews crude oil storage and transportation contract with SUMED

Posted: October 17, 2017 at 12:43 pm   /   Oil & Gas

Kuwait Petroleum Corporation (KPC) announced Monday it has renewed its crude oil storage and transportation contract with Egypt’s Arab Petroleum Pipelines Company (SUMED). KPC said in a press statement that the renewal of the contract was signed on the sidelines of the third Kuwait Oil & Gas Show and Conference (KOGS 2017) held in Kuwait […]

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Major natural gas discoveries offshore Egypt propel demand for technologies & services

Posted: September 16, 2017 at 8:52 pm   /   Oil & Gas

(Offshore Magazine) Curt Cultice US Commercial Service, Department of Commerce Egypt is a mature fossil energy market attracting increased international attention. However, there is a continued demand for new energy technologies from innovative US suppliers committed to long-term partnerships with Egypt. In the below Q&A, Mai Abdelhalim, commercial specialist, US Embassy, Egypt discusses the latest […]

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Saudi Aramco considers using Egypt to refine its crude oil for sale to Europe

Posted: September 12, 2017 at 8:04 pm   /   Oil & Gas

Good news for Egypt’s energy hub ambitions: Saudi Aramco is considering using excess capacity at Egyptian refineries to refine Saudi crude and use Egypt as a marketing hub for refined Saudi oil products, according to Ahram Gate. The suggested plan is to ship the crude through the SUMED pipeline and use Sidi Kreir as a […]

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Cabinet approves mandate extension of SUMED operations for 27 years

Posted: August 20, 2017 at 8:58 pm   /   Oil & Gas

The Egyptian Cabinet approved Thursday a draft law to extend the operations of the Arab Petroleum Pipelines Company (SUMED) for 27 years. The draft law is planned to be effective when the operations period of the company ends, the Cabinet said in a statement. Established in 1974, SUMED was founded with a $400 million in […]

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BW FSRU

FSRU BW Singapore hits LNG STS milestone in Egypt

Posted: August 2, 2017 at 3:04 pm   /   Oil & Gas

BW LNG’s first floating storage and regasification unit (FSRU) has completed its 100th STS transfer on 22 July 2017, the company said in a brief statement through its social media channels. BW Singapore was earlier this year relocated to the port in SUMED from the port of Ain Sokhna. The FSRU started serving as Egypt’s […]

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