Ministry of Energy
Petroleum Products Regulatory Department
Policy
- 1. To regulate petroleum and petroleum products related businesses for ensuring their business activities are in line with enacted legal provisions, standards, SOPs and regulations
- 2. To observe the petroleum and petroleum products market situation in order to justify the supply – demand balance
- 3. To promote private investment by enabling the investment opportunities for petroleum and petroleum products related businesses
- 4. To accommodate the acquired legislations, regulations, SOPs and standards which are consistent with international and regional practices
- 5. To identify national energy security as a major concern in implementing petroleum and petroleum products related businesses
- 6. To promote human resource development by encouraging (the local staff participation) in petroleum and petroleum products related businesses
- 7. To promote international cooperation for the development of petroleum and petroleum products supply chain