“Oil Tech” Exports Its Products to Over 35 Countries Worldwide
Kamel: Geopolitical Tensions and Trade/Military Wars behind Global Surge in Oil Prices
Exports account for 60% of “Oil Tech” company’s total sales, with its products reaching more than 35 countries worldwide.
Mustafa Kamel, Commercial Director of Oil Tech, stated that the oils sector is one of the food industries most affected by geopolitical tensions. He indicated that ending the war in Gaza would help pave the way for increasing exports of food products, most notably strategic commodities like oil, sugar, and flour. This, in turn, would positively impact increased production and labor employment.
Regarding his assessment of current crude oil prices, Kamel explained that prices remain relatively high due to several factors, most notably the escalating tensions between China and the United States, in addition to the ongoing Russian-Ukrainian war. These conflicts, he noted, complicate logistical operations within the sector.
He added that the potential nearing of an end to the Russian-Ukrainian war is a positive indicator for the markets. He anticipated a decrease in sunflower oil prices in the upcoming period, especially since Russia and Ukraine are among the world’s largest exporters of sunflower.
Oil Tech’s 2025 Business Results
The Commercial Director of Oil Tech estimated the company’s production capacity at approximately 10,000 tons. Exports account for 60% of this output, while 40% is distributed in the local market, reflecting the company’s strength in foreign markets and its global competitiveness.
He pointed out that the company exports its products to more than 35 countries worldwide, including Sudan, Libya, Syria, Lebanon, Jordan, Saudi Arabia, the UAE, Kuwait, Qatar, Morocco, Mauritius, Madagascar, Rwanda, Burundi, Kenya, South Africa, Côte d’Ivoire, Romania, Bulgaria, Palestine, and the United States of America.
New Products for Local and Export Markets
Regarding the company’s latest products, Kamel clarified that “Oil Tech” recently launched new products in the local market, including sunflower oil and corn oil in different sizes (1.5 liters), alongside new and varied sizes of ghee. He explained that these expansions are part of the company’s strategy to diversify its product portfolio and meet consumer needs in both local and export markets.
شركة أويل تك تسعى لتوسيع حصتها في أسواق أوروبا وأمريكا
