Egypt establishes a new crude oil storage area south of Cairo
Egypt revealed the start of the procedures and steps for establishing the petroleum zone in the Tabbin area in Greater Cairo, the “modern zone” on an area of 1,000 acres.
Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, said - in a statement issued today - that it is planned that the region will include a number of projects, foremost of which are new expansions of the infrastructure of the national network for transporting and paying petroleum products as additional new arteries serving the movement of crude and petroleum products transporting to and from Upper Egypt via Al-Tebbin area for the Petroleum Pipelines Company, in addition to the activities of Petrojet, Petrogas, Misr Gas, Al-Haditha Gas, and Al-Taawon Petroleum.
The meeting of the Higher Committee for Petroleum Geographical Zones headed by the Egyptian Minister reviewed the scheme for the establishment of the new petroleum zone in Al-Tebbin and highlighted the project of the storage and heating station for crude oil and petroleum products for the Petroleum Pipeline Company, at an estimated cost of EGP 1.8 billion. Through the network pipelines to the petroleum refinery in Assiut, and pumping the surplus mazut from Assiut to the Sokhna region through Al-Tebbin.
During the meeting, Eng. Tarek El-Molla stressed that the new zone comes as a continuation of the oil and gas infrastructure networks that have been developed during the past six years, and which are among the most important factors for Egypt's distinction in the field of energy at the regional level.
He explained that the continuous development efforts have created a strong infrastructure that allows Egypt to maneuver in the operations of trading and trading petroleum products and natural gas and receiving them from all global markets and exporting to them. As a regional center for oil and gas trading and trading.
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