PETROLEUM AND GAS DIVISION

The objective of the Petroleum and Gas Division is to oversee sustainable exploitation and development of the petroleum and natural gas resources in the country.

The main Functions are:

(i)To develop policies, plans and programs related to petroleum and natural gas resources to ensure efficient, cost effective, reliable and quality services in an environmentally friendly manner;

(ii)To promote sustainable development and exploitation of the petroleum resources;

(iii)To assess and analyse the impacts from accidents or disasters caused by petroleum activities in collaboration with relevant authorities;

(iv)To attract foreign investment and technology in the petroleum industry;

(v)To promote local participation in the petroleum industry;

(vi)To coordinate the development of petroleum and natural gas infrastructure for security of supply;

(vii)To oversee granting, renewing, suspending and cancelling of petroleum exploration and development licenses; and

(viii)To conduct research and studies on petroleum resources and promote efficiency and sustainable use of petroleum resource.