El Sisi Gives Green Light to Petroleum Minister to Amend Oil Exploration Agreement

Friday, October 23, 2020

President Abdel Fattah El Sisi issued on Thursday, Oct 22, law no. 155 of 2020 which will allow the minister of petroleum and mineral wealth to contract with the Egyptian General Petroleum Corporation (EGPC) and Tharwa Petroleum Co. to amend an agreement for oil exploration in East Abu Sennan area in the Western Desert.

The decree, which has been published in the official gazette, came in line with law 131 of 2014.

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