Cairo: Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage and Pipelines (MIDTAP) company to discuss its 2024 performance.
According to State Information Service Egypt, during the meeting, Badawi emphasized the company’s vital role within the framework of the second pillar of the Ministry’s strategy to maximize infrastructure use and enhance Egypt’s role as a regional energy hub. He also highlighted the importance of adhering to occupational health and safety regulations, given the positive indicators the company has achieved in this field.
The Chairman and Managing Director of MIDTAP, Hasanen Mohamad Hasanen, reviewed the company’s significant results, focusing on maximizing its capabilities to become a key center for storing and trading petroleum products in the Mediterranean region. He stated that 2024 marked an exceptional year, with unprecedented figures in the quantities of petroleum products traded through MIDTAP’s facilities.
The activation of the night navigation system for the company’s marine dock at Dekheila Port and the 24-hour management of the ship berth process, in cooperation with partners MIDOR and EPROM, significantly contributed to this success. The company’s marine dock received 153 tankers in 2024, compared to 63 in 2023, while the total volume of petroleum products traded reached 4.7 million tons, up from 1.6 million tons in 2023.
Hasanen also underscored the company’s role in transporting crude oil from SUMED company’s receiving system in Sidi Kerir to the MIDOR refinery in Alexandria, where it is refined into high-value petroleum products. He affirmed the company’s commitment to applying the highest standards of occupational health, safety, and environmental protection, having recorded no accidents or injuries and approximately 590,000 safe work hours for workers and contractors in 2024.
In terms of digital transformation, Hasanen noted the completion of linking all company departments to the ERP workflow automation program during the first quarter of this year. He also highlighted the completion of social responsibility projects valued at EGP 30 million, in coordination with the EGPC and the Ministry’s Supreme Committee for Social Responsibility.
These projects included improving the quality of life in the Al-Amiriya district in Alexandria, developing Basra village, providing the University Hospital in Alexandria with a hazardous medical waste disposal device, contributing to the establishment of the emergency and critical cases building at Al-Iman General Hospital in Assiut, implementing development projects in villages in Matrouh Governorate, equipping a play area for children with disabilities in Suez, and training medical personnel in Matrouh hospitals.