Al-Taawoun Petroleum Company’s sales volume of gasoline 95 increased by 31% and gasoline 92 by 12% during the period from July to December 2024 compared to the same period in 2023, which reflects the company’s increased share in the petroleum products distribution market.
The Minister of Petroleum and Mineral Resources, Engineer Karim Badawi, confirmed this during the General Assembly meeting of the Taawon Petroleum Company to discuss and approve the investment budget for the fiscal year 2025-2026. – The importance of the role played by national companies for distributing petroleum products in meeting the needs of consumers in the local market, stressing the importance of developing and implementing ambitious plans to increase sales and maximize profitability from distribution activity and service stations.
The Minister stressed the need to focus on implementing mechanisms Governance of the system of trading and distributing petroleum products, and strengthening strict control to ensure that they are not leaked or traded illegally, which contributes to protecting the capabilities of the Egyptian people from petroleum products and the great support directed to them from the state.
The Minister thanked the team, Engineer Kamel. The Minister, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, called for cooperation and integration to support the expansion of the company’s network of stations in new axes and roads.
For his part, Lieutenant General Engineer Kamel Al-Wazir confirmed that Al-Taawoun Petroleum Company is one of the long-established national companies with leadership in Its field, which we look forward to its prosperity and the excellence of its stations in serving the Egyptian citizen, pointing to the Ministry of Transport’s keenness to quickly cooperate with the Ministry of Petroleum and the company to achieve tangible results that reflect positively on the company and its services provided to citizens.
For his part, Nasser Shoman, President of Al-Taawoun Petroleum Company, reviewed its main activities, explaining that the total number of the company’s stations for servicing and supplying cars with fuel amounts to 1,246 stations nationwide.
He indicated that the addition of 25 new stations to the network of stations is being completed. The company has started operating most of them over the past six months, in addition to the construction of 8 new stations to enter service during the fiscal year 2025-2026, which will also witness the start of the construction of 16 Another station.
He pointed to the expansion of establishing stations in distinctive locations in new cities and main roads, including Dabaa Road, Beni Suef Road, Almaza, and Helwan University, and the company also aims to be present in more than one location in the Administrative Capital.
He explained that the presence in distinguished locations reflects positively on the company’s revenues and sales of high-quality petroleum products and oils, and 12 stations have been developed during the past six months.In the field of marketing Motor oils. He explained that Al-Taawoun Petroleum occupies 16.5% of the market share, and that it is in the process of making a qualitative shift in the oils that it markets. He pointed to contracting with a number of major commercial chains to distribute home care products and detergents for Al-Taawoun Petroleum Company, noting that the profitability of the thinner product and tree spray oils has been significantly increased.
He also reviewed the efforts to develop the company’s shipping and trading warehouses, and install systems. Control such as the RTG automatic measuring system and the measuring meters system, and he emphasized the importance of the company’s ATG systems for automatic measuring at the sales stations for the final product, and the GPS system for tracking the fleet of transport vehicles in order to control the trading and distribution process.
