Petroleum Gas Company (Petrogas) sold 4.4 million tons of butane in Egypt’s domestic market and boosted butane storage capacity to 134,800 tons during fiscal year (FY) 2016/2017, according to the Head of Petrogas, Adel Al Shuwaikh, Egypt Oil & Gas reports.
Shuwaikh said that the company added six new storage tanks in Sohag and Wadi El Qamar in Alexandria in FY 2016/2017 and plans to add five more during FY 2017/2018.
Petrogas filled 350 million butane cylinders at 50 filling stations. Out of these 50 filling stations, nine were state owned, 24 were privately owned, and 17 were jointly owned by Petrogas, the private sector, and the government. It also increased the number of distribution warehouses across the country to 2,974.
The figures were reported during the company’s annual general assembly. The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the meeting.