Saudi Aramco mulls higher oil channeled across Egypt’s SUMED for sale to Europe
Oil giant Saudi Aramco is considering pumping more Saudi oil to its customers in Europe through Egypt's SUMED…
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SUMED
Misr Insurance compensates SUMED $2.4 mln for turbine breakdown
Egypt’s Misr Insurance Company said Wednesday it had paid Arab Petroleum Pipelines Company – SUMED $2.4 million…
National Bank of Egypt signs $100 mln with SUMED
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Wednesday a $100 million loan with Arab…
SUMED to build $350mn-pier in Egypt’s Ain Sukhna
Egypt's Arab Petroleum Pipelines Company (SUMED) is preparing to establish new pier in Ain Sukhna, Suez governorate…
Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister
Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move…
NBE Opens US$240mn Letters of Credit to Ship 2 million Barrels of Oil from Kuwait
National Bank of Egypt (NBE) has approved to open letters of credit worth US$240 million in favor of Egyptian…
