The Cabinet agreed on Tuesday to the note of Minister of Oil and Minerals on the amendment of the paragraph B of Article 30 of the Prime Minister's decree No. 472 for 2008. 

This paragraph is concerning the rules regulating the actions of the international competitiveness in the open sectors of oil exploration in light of the discussion of the Supreme Economic Council in this regard.

The amendment is to give the ministry the necessary code to negotiate directly on any of the open sectors with the oil companies that have high operational experience in the exploration and production of oil and operate the production their selves in different countries in the world, so as to serve the process of expanding the volume of investments in the oil field.

Saba