ABSTRACT

The Ministry of Petroleum Resources is a statutory agency charged with the responsibility of coordinating all oil and gas related policies, and administering the relevant laws and regulations. In addition the Ministry, through the office of the Minister of Petroleum Resources, supervises the executive organs of the public sector of the petroleum industry and the investments in the industry. It also collaborates with other relevant government ministries to advise the government on issues related to hydrocarbon resources and energy. The executive organs of the public sector are:

In the context of the Petroleum Ministry, technical policy issues, royalties and fiscal provisions, regulatory control of the industry and licensing of operations under the Petroleum Act are handled by the DPR. The functions of the department may be summarised as follows:1

• advise on policy matters affecting the management of petroleum resources;

the oil and gas industry.