Under the chairmanship of Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, the General Assembly of the Western Sahara Oil Company was held «Webco»Al Hamra Petroleum Port in Al Alamein, through video conference, in the presence of a number of sector leaders

Al Hamra Port is not just a crude oil trading port

The minister stressed that Al Hamra Petroleum Port is one of the strategic arms of Egypt’s petroleum infrastructure and that it is no longer just a crude oil trading port, but has become an attractive regional platform for foreign investments, and a key pillar in Egypt’s plans to become a regional center for energy trading and trading, thanks to its distinctive location and growing storage capabilities.

Development of the port in cooperation with the UAE

The minister stressed the importance of implementing proactive plans and measures to preserve the environment as a priority in the petroleum system.

Storage capacity up to 130,000 tons

For his part, Eng. Ibrahim Masood, Chairman of Webco, reviewed the pivotal role of Al Hamra Petroleum Port facilities in receiving and trading crude oil, where he explained that during the fiscal year 2025/2024 received and traded about 74 million barrels, and reviewed the executive position of the northern expansions implemented by Petrojet in addition to the southern expansions to be a center for the distribution of petroleum products with a storage capacity of 130 thousand tons to serve the city of Alamein and the northwest coast.

Importance of Al Hamra Petroleum Port