Cairo, Egypt - November 28, 2012: Total and
OiLibya today inaugurated their new industrial facility in Borg El Arab, near
Alexandria in the presence of Momar Nguer, Senior Vice President Africa/Middle
East of Total Marketing & Services, and Ibrahim Bugaigis, Chairman &
CEO, Libya oil corporate. The facility comprises a tank farm and a blending
unit that will be operated by Oil Products Storage and Blending Alexandria
(OPSBA), an industrial joint venture in which the two companies hold 65% and
35% respectively.
The
facility, which spans over 34,000 m2 and took 16 months to build, was
completed in October of this year. It meets the most stringent safety and
environment standards. It consists of an administration building for the 50
people working on the site, a lubricant blending unit with a production
capacity of 40,000 metric tons per year, a depot with 23 tanks that can hold 8,000
m3 of products, and an onsite laboratory to ensure quality control
and perform oil analysis.
The blending
unit uses state-of-the-art technology to produce a wide range of top-grade
lubricants for manufacturing, agricultural and construction machinery as well as
for trucks, cars and motorbikes. “This latest investment once again
demonstrates our commitment to Egypt and continued expansion here,” said Momar
Nguer. “By reliably delivering specified quantities of products of consistent
quality, the facility offers a major competitive advantage in the market and
will support the growth of our lubricants business line, the most profitable
segment in our portfolio,” added Thomas Rebeyrol, Managing Director of Total
Egypt .
“Over the
past ten years, Oilibya business magnitude has grown rapidly in the Egyptian
market. In order to meet this growing
demand, the corporate decided to invest in the OPSBA production facility in
Borg El Arab – Alexandria” said Ibrahim Bugaigis, Chairman & CEO, Libya oil
corporate.
Total
About Total in Egypt
In Egypt, Total is present in
marketing and services and exploration and production.
Total Egypt is a wholly owned
subsidiary of the Total established since 1998. The company is active across
the entire oil product distribution sector, with general sales, lubricants ,
marine and aviation activities, and a retail network with an overall market
share of 4%. Total Egypt operates a network of 74 service stations throughout
the country. It employs 130 people and also generates 4,500 indirect
jobs.
In addition to its marketing and services activities, Total has
had an Exploration & Production subsidiary in Egypt since 2010. The Group
signed a concession agreement in February 2010 to operate Block 4 (East El
Burullus Offshore) with a 90% stake. Following a 3D seismic survey shot in 2011, a
drilling program is now under preparation.
About Total
Total is one of the largest major integrated oil and gas companies
in the world, with activities in more than 130 countries. The Group is also a
first rank player in chemicals. Its 96,000 employees put their expertise to
work in every part of the industry – exploration and production of oil and
natural gas, refining and marketing, gas and new energies, trading, and
chemicals. Total is working to help satisfy the global demand for energy, both
today and tomorrow.
Oilibya
About Libya Oil – Misr
Libya
Oil – Misr was established in Egypt since 1994.
Oil
products manufacturing, distribution and marketing are the main business lines
of the organization.
All
related items, derivatives, and production requirements are major concern of
our company, and LOM decided to invest aggressively to secure the growth of its
business in market place.
Libya
Oil – Misr retail network consists of 74 service stations spread nationwide,
The Company has an ambitious plan to expand the existing network and provide
quality service all over Egypt.
Libya
Oil – Misr has a wide customer base that include governmental authorities,
armed forces, and wholesalers
Libya
Oil – Misr products have crossed the borders thru its export sales to Libya,
Sudan, Ethiopia, Eritrea, and Djibouti.
LibyaOil
- Misr is one of Oilibya Holding limited subsidiaries in Africa.
About Libya Oil
LibyaOil
Africa Holdings Limited manages Libya Oil Group’s assets and investments in the
continent. The group is engaged in refining, marketing and distribution of
petroleum products in Africa.
The
group’s marketing activities cover Retail marketing, Wholesale marketing,
Aviation fuels marketing, Lubricants production and marketing and Marine fuels
marketing and upstream operations. It is present in 22 African countries:
Libya, Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso,
Niger, Chad, Eritrea, Uganda, Nigeria, Mauritius, Ile de la Réunion, Morocco,
Tunisia, Ethiopia, Sudan and Djibouti.
The
group has over 650 employees and operates over 1,240 service stations in the 22
countries it operates in. In addition, it operates over 20 fuel terminals and
depots, 7 lube oil blending plants and at over 33 airports in Africa.
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Media contacts:
Total Egypt
Shamel Sharaf
TEL: 012 2218 8751
Fax +20 27549559
TEL: 012 2218 8751
Fax +20 27549559
Email: shamel.sharaf@totalegypt.com.eg
website: www.totalegypt.com.eg
website: www.totalegypt.com.eg
OiLibya
Mohamed Yacoub
Mobile: 01005899959
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