Adnoc Distribution is preparing to begin aircraft refueling at Sphinx Airport in October and at Hurghada by year-end, as part of a USD 50 mn push under an agreement with the Egyptian General Petroleum Corporation (EGPC), Asharq Business reports, citing an unnamed government official. Adnoc Distribution will use state-owned infrastructure at both sites.
Why does this move look familiar? The company was discussing an entry into aircraft refueling with the Oil Ministry in early 2024, and a year later was looking to expand beyond Cairo and Marsa Alam airports, including into Alamein, Adnoc Distribution CEO Bader Al Lamki previously told EnterpriseAM.
Why it matters: Egypt already accounts for around 36% of Adnoc Distribution's aviation-fuel sales volumes group-wide, 129 mn liters of 357 mn liters in 1H 2026, per the company's financial release (pdf) — though that 3.9% y-o-y growth trailed the group's 53.9% increase over the same period. Aviation already generates more than 60% of Adnoc Distribution's Egypt-based EBITDA, per the company’s 2025 management results discussion and analysis report.
The aviation expansion comes alongside a much larger retail buildout. Adnoc is weighing a c. USD 1 bn investment to add roughly 400 service stations to its current 245, split across two phases of around 200 stations each, with automotive and engine lubricants also part of the plan.
This time, Adnoc is building instead of buying: It assembled most of its current footprint through its 2023 acquisition of a 50% stake in TotalEnergies Marketing Egypt. For the next 400 stations, it's weighing building independently in Egypt for the first time, developing or upgrading sites with EGPC, or leasing. Adnoc had begun local motor-oil manufacturing in late 2024 then laid out plans with TotalEnergies in May 2025 for marine motor-oil production capacity of around 90k tons a year.