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Renewed Shell Lubricants-Centamin contract contributes to environmental stability
Shell Lubricants Egypt and Centamin’s Sukari Gold Mine renewed their contract for another five years, thus contributing to environmental stability through the supply of oils and technical services that partake in reducing energy consumption and achieving economic growth.
Shell and Centamin have been partners at SGM since 2014 as the sole supplier of lubricants and the contract extension is for a further 5 years, to 2026.
This kind of partnership emphasizes Shell Lubricants Egypt’s strategy to cultivate progress that supports its customers in achieving commercial success, not only through supplying lubricants, but also via supplying technical services, marketing activities, and various other solutions.
On Shell Lubricant’s behalf, the signing of the new contract was attended by Amal El Sheikh, Managing Director; Mostafa Sadek, Corporate Relationship Advisor; Sherif Maarouf, Chief Financial Officer; Mohamed Ayman, Acting B2B Sales Manager; Mostafa Mahmoud, Mining Sector Account Manager; Ahmed Gomaa, B2B Marketing Manager.
In attendance from Centamin were their senior SGM representatives Youssef El Raghy, Managing Director; Shady El Raghy, Deputy Managing Director; Amr Hassouna, Acting General Manager; Yasser Lamada, Security and Public Relation General Manager.
During the event, Amal El Sheikh confirmed “Under this partnership, Shell would continue to support the activities at SGM, with the aim of exclusively supplying the mine with lubricant for the next 5 years.”
El Sheikh added “Needless to mention the lengthy list of other services that will be provided by Shell, including technical services, on-site engineers and analysis labs, in addition to investment for sustainable development, making Shell Lubricant and Centamin’s partnership a major investment for an overall economic growth.”
She reiterated “We certainly take pride in the fact that Shell has been the leading global supplier of finished lubricants for 15 consecutive years. Also, it is important to highlight that Shell Lubricants and Centamin have spent 8 years enabling great progress towards attaining commercial success, and achieving zero downtime.”
Additionally, Youssef El Raghy expressed his elation with the extension of the partnership with Shell Lubricant Egypt, which has been ongoing for 8 successful and fruitful years. He then asserted that Shell’s deep-rooted experience, competency, and distinctive capabilities qualify them to be a successful partner to Centamin.
He also stated: “Shell Lubricant has proven over the past 8 years that it is the ideal partner in success, as it is the most consummate company when it comes to providing the best and the most high-quality lubricants, based on the latest technology, in addition to offering a multiplicity of different technical services.”
El Raghy further states that the mining sector has significant potential to further stimulate Egyptian economic growth. SGM is the largest gold mine and significant employer in Egypt. The mine is globally revered as a world class orebody. SGM has been in operation since 2009 and is forecast to produce on average 500,000 ounces of gold annually for the next 12 years.
It is also noteworthy that Shell Lubricant does not seek to be a mere supplier of lubricants, but rather looks forward to establishing successful partnerships with its customers through prolific cooperation and mutual benefits.
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