Sumed
Egypt’s SUMED oil flows jump 150% on Red Sea trade rerouting
Business
April 2, 2026
Egypt’s SUMED oil flows jump 150% on Red Sea trade rerouting
Oil flows through Egypt’s “SUMED” pipeline have surged by 150 percent since the Iranian conflict outbreak, a direct reflection of…
With new gas deals, Egypt closes in on energy hub goal
Egypt
January 2, 2018
With new gas deals, Egypt closes in on energy hub goal
Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez…
Sumed, NBK sign agreement to boost petroleum products storage
Business
May 20, 2017
Sumed, NBK sign agreement to boost petroleum products storage
Sumed company and the National Bank of Kuwait (NBK) signed an a agreement to provide $300 million to finance part…
Iranian oil passing Suez Canal dropped due to Western sanctions
Egypt
May 22, 2012
Iranian oil passing Suez Canal dropped due to Western sanctions
The number of Iranian crude vessels passing through Egypt’s Suez Canal has dropped this year as Western sanctions bite, an…
Egypt pipeline may be alternative to Iran’s Hormuz
Egypt
February 22, 2012
Egypt pipeline may be alternative to Iran’s Hormuz
Egypt’s Sumed pipeline can provide an alternative means of transport for oil from Gulf states if Iran closes down its…