Cooperation Petroleum generates EGP 60bn sales in FY21/22

Cairo – Mubasher: Cooperation Petroleum Company (COOP) has sold a total of 7.30 million tonnes of the company’s products at a value of EGP 60 billion during fiscal year (FY) 2021/2022, Ahram Gate cited the company’s Chairman, Ayman Naguib, on Thursday.

The sales volume included 6.40 million tonnes of benzene, diesel, and mazut, which were sold through 1,262 stations and outlets spread nationwide.

The company owns a 31% share in the total main products market and 20% in the oil market.

Total investments executed by the company reached EGP 672 million. These investments covered a number of replacement and renewal projects, the establishment of storage warehouses, service stations, industrial security projects, and environment protection, among others.

Mubasher Contribution Time: 22-Sep-2022 13:20 (GMT)
Mubasher Last Update Time: 22-Sep-2022 13:22 (GMT)