Amendment to Committee Overseeing National Oil Corporation Emergency Arrangements

The Prime Minister expanded membership of a committee established under Decision 154/2022 by adding five members including the Finance Ministry Budget Director and a representative from the Ministry of Oil and Gas. The committee supervises implementation of emergency arrangements at the National Oil Corporation (NOC) and reports semi-monthly to the Prime Minister.

This signals continued high-level political oversight of NOC operations during a period of emergency governance. Foreign operators and service companies with NOC contracts or pending negotiations should expect heightened bureaucratic scrutiny and potential delays as multiple government entities exercise supervisory authority. The inclusion of the House of Representatives Financial Committee Chairman introduces parliamentary oversight, adding another decision-making layer. Companies should monitor for operational directives emerging from this committee's semi-monthly reporting cycle.