Petroleum Minister: Five-year plan to expand, drive growth, and enhance competitiveness of coop petroleum
For his part, Coop Petroleum Chairman Mostafa al-Sayed reviewed the company’s performance from July 2025 through June 2026, noting that it achieved record growth rates across several activities, resulting in a 43 percent increase in net profit compared with the previous year.
He also highlighted a significant surge in the company’s marine bunkering business, with marine fuel volumes rising to approximately 107,000 tons, compared with 17,500 tons the previous year, representing a 610 percent increase.
Exports of lubricants rose to around 1,324 tons, up 30 percent from the previous year, while the company’s market share reached approximately 16 percent.
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