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Source:
الوطن
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Parliament to discuss Asran Field exploitation
A joint committee in the House of Representatives discussed a draft law authorizing the Minister of Petroleum and Mineral Resources to contract with the General Petroleum Company for the exploration and development of the Asran field in the Eastern Desert. The agreement aims to support both domestic and international markets through a development plan spanning one year or more, outlining strategies for exploiting reserves and affirming national sovereignty over petroleum resources. Continuing development in this area is expected to increase local oil production, reduce imports, provide hard currency, and lessen the burden on the general budget. The committee recommended approving the agreement and the draft law.
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