Overview

The Ministry is responsible for overseeing the entire petroleum value chain, from Upstream to Downstream. It develops and implements sector policies, issues permits and licenses, regulates petroleum operations, and ensures adherence to safety and environmental standards. As a central pillar of national energy security, the Ministry also leads efforts to transition to cleaner fuel and sustainable development. In addition, it promotes investment opportunities and ensures the responsible stewardship of petroleum resources for the nation’s long-term benefit.