Minister of Petroleum and Mineral Resources Tarek el Molla has directed officials of the Misr Petroleum and Cooperation Petroleum companies to proceed with development works to keep pace with modernity, provide distinguished services to consumers, as well as to expand aircraft and ship catering services at Egyptian ports as a way to increase the state’s dollar resources.

This came during a meeting to approve planning budgets for the 2024/2025 fiscal year for Petrogas, Cooperation Petroleum, Misr Petroleum and the Egyptian General Petroleum companies, the Ministry of Petroleum and Mineral Resources said in a statement on Friday 19/01/2024.

Molla praised the national role played by Misr Petroleum and Cooperation Petroleum companies in fulfilling a significant part of the citizens’ need for fuels, especially in governorates where the private sector is not engaged in that activity.

He also lauded their role in meeting the electricity sector’s needs for diesel.

The minister emphasized the strategic importance
of Petrogas, highlighting its significant role in stabilizing the butane market and meeting citizens’ daily needs for butane gas cylinders.

Source: State Information Service Egypt