Saudi Petromin’s Egypt expansion to enhance lubricant packaging, blending infrastructure

EGYPT – Egypt’s General Petroleum Corporation and Saudi energy company Petromin have signed a protocol to establish a new company to manage Petromin’s investments and expansion plans in Egypt’s lubricants sector, with a focus on modernizing production, blending and packaging infrastructure.

The agreement, signed on 6 September 2026, follows directives from Egypt’s Minister of Petroleum and Mineral Resources, Engineer Karim Badawi, to enhance regional cooperation and attract investments. 

Khaled Osman, Assistant Minister of Petroleum, stated that modernizing the infrastructure for lubricants production, blending, and packaging is a key factor in attracting investments.

Egypt’s growing and expanding market, supported by continuous development of services and infrastructure, is capable of attracting more investments, Osman added.

Packaging Modernization and Local Production Capacity Expansion

The protocol aims to increase local production of lubricants and expand manufacturing, packaging, promotion and marketing capabilities. 

The new company, to be managed by Technolube Egypt, will build on Petromin’s track record in Egypt since the late 1960s. 

Hassaib Khan, General Manager of Technolube Egypt, stated that the expansion in Egypt and establishment of a specialized entity would support the company’s efforts to keep pace with market developments and continuously improve services. 

The company aims to further cooperate with EGPC and benefit from base oils produced by EGPC-affiliated companies, as well as facilities supporting the expansion of lubricants manufacturing, packaging, promotion and marketing. 

The focus on upgrading blending and filling lines is intended to improve supply chain efficiency and ensure that locally produced lubricants meet the quality standards required for both domestic consumption and export to more than 40 markets across the Middle East and North Africa.

Regional Hub Strategy and Export Market Development

The initiative aligns with Egypt’s strategy to position itself as a regional hub for lubricant production and export, leveraging its advanced infrastructure and strategic location.

Petromin operates across Saudi Arabia, the UAE, Egypt, India, Pakistan, Malaysia and Morocco, in addition to more than 40 export markets across the Middle East and North Africa. 

The new company will help improve efficiency and diversify the range of products available to consumers, contributing to the development of the domestic lubricants industry while strengthening Egypt’s role in regional and international markets. 

By increasing the number of service providers and sustaining development in the engine oils industry, the initiative supports goals of enhancing product efficiency and diversification for consumers.

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