Cairo — Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly of the Arab Petroleum Pipelines Company (SUMED), describing the company as one of the most prominent examples of successful Arab joint investment and a strategic pillar in regional oil transport.
SUMED Chairman Mohamed Abdel Hafez said the company transported about 50 million tonnes of crude oil in 2025, equivalent to 365 million barrels, reflecting strong operational performance despite global energy market challenges. The company also achieved five million safe working hours, underscoring its commitment to international safety and environmental standards.
Badawi noted that the SUMED pipeline, linking the Red Sea and the Mediterranean, provides a secure route for Gulf crude exports to European and global markets, supporting energy supply stability.
Ahmed Al-Khunaini, Senior Vice President at Saudi Aramco, said the company’s strategic location enhances its role as a key oil transit corridor, particularly amid constraints affecting shipping through the Strait of Hormuz.
SUMED is jointly owned by Egypt, Saudi Arabia, Kuwait, the UAE and Qatar, and also supported Egypt’s energy system in summer 2025 by hosting regasification vessels at Ain Sokhna to help maintain stable gas supplies.
