Egyptian National Petroleum for Exploration and Development Company (ENPEDCO)
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El Sisi Issues New Decree for Oil Exploration in the WD
Thursday, 31st October 2019
President Abdel Fattah El Sisi issued a presidential decree allowing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with the Egyptian National Petroleum for Exploration and Development Company (ENPEDCO) and the Egyptian General Petroleum Corporation (EGPC) to explore oil at Abu Sinan and Ras Qattara concessions in the Western Desert.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.95 | +1.28% |
Crude Oil (Brent) Brent | USD/bbl | 64.47 | +1.26% |
NYMEX Natural Gas | USD/MMBtu | 2.63 | +0.50% |
OPEC Basket Price | USD/bbl | 61.46 | +0.52% |
Last Modified April 14, 2021