SUMED Capital Increase
Sector: Oil and Gas • Location: Egypt
Source: ZAWYA
The Arab Petroleum Pipelines Company (SUMED) has increased its paid-in capital by $400 million, raising the total to $600 million. This decision was made during a general assembly meeting attended by key stakeholders, including the Minister of Petroleum and Mineral Resources.
- Status
- Closed
- Sector
- Oil and Gas, Warehouse
- Location
- Egypt
- Updated
- 22 Jul 2026
- Source
- ZAWYA
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Project Information
Participants
| Not available for this record. |
Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Arab Petroleum Pipelines Company (SUMED) has increased its paid-in capital by $400 million, raising the total to $600 million. This decision was made during a general assembly meeting attended by key stakeholders, including the Minister of Petroleum and Mineral Resources. |
Original sector | Energy |
Budget |
Location
Country | Egypt |
Source
Source | ZAWYA |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Warehouse |
Article published date | 2025-03-21 |
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