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Cairo, April 4 / The total revenues of the Enppi Petroleum Company amounted to about 17.3 billion pounds during the year 2022, an increase from the year before last, by 53%, as the revenues were about 11.3 billion pounds.
Engineer Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, stressed the importance of the steps taken by Enppi to diversify its activities and increase the volume of its business outside Egypt, which amounted to 38%.
In a statement issued today, following the company’s Ordinary General Assembly meeting, El-Molla pointed out the importance of enhancing the distinguished global image of Egyptian companies in the regional and international markets, and contributing to the acquisition of global expertise and skills by Egyptian cadres. Stressing the need to continue to intensify efforts to open new business horizons in foreign markets and focus on the diversity of activities that open new fields of work for ENPPI in energy transformation projects.
For his part, Mohamed Abdel Aziz, President of Enppi, indicated that the company continued its success in implementing major petroleum projects such as the expansion project of the Midor refinery, the Assiut hydrocracking complex for diesel fuel for ANOPC, and the expansion of the Western Desert gas complex for GASCO.
