Executive Decree No. 186/14 approving the Regulation of the National Direction of Petroleum. Country/Territory Angola Document type Regulation Date 2014 Source FAO, FAOLEX Original source Diário da República, I Série, No. 118. Subject Energy, Mineral resources Keyword Institution Energy conservation/energy production Research Biofuel Oil Legal proceedings/administrative proceedings Enforcement/compliance Environmental planning Environmental standards Authorization/permit Concession Policy/planning Standards Protection of environment Geographical area Africa, Central Africa, Least Developed Countries, South Atlantic Entry into force notes This Executive Decree enters into force on the day of its publication. Abstract This Executive Decree, approves the Regulation of the National Direction of Petroleum within the Ministry of Petroleum. This Regulation, consisting of 4 Chapters and 2 Annexes, establishes composition, duties and responsibilities of the above mentioned Direction, entitled to: ensure with the other organs of the Ministry to implement the national oil policy; b) promote and collaborate in necessary baseline studies to define the policy regarding the performance of petroleum operations; c) promote the rational exploitation of petroleum resources, study and implement measures to know, quantify and replace oil reserves; d) conduct and coordinate research programmes for the development of oil operations, requiring the use of sustainable techniques in all activities of the sector; e) issue and monitor the implementation of the annual plans of exploration, development and production budgets, reports and exit plans; f) propose and collaborate on designing of norms, technical regulations and specifications for petroleum operations; g) monitor the prices of the crude oil market in order to establish the strategy of exploration, development and production of discovered oil fields; h) organize and prepare, in coordination with other departments of the Ministry the procedures for the issuing of mining prospection licenses, as well as decide on their extension, renewal and termination; i) propose and monitor the implementation of policies for new areas of concessions; j) participate in coordination with other services in the Ministry of allocating oil concessions and negotiations process; k) monitor the compliance of contractual obligations of petroleum concessions, etc. Full text Portuguese Website www.legis-palop.org References - Legislation Repeals Executive Decree No. 65/13 approving the Regulation of the National Direction of Petroleum and Biofuel. Legislation | Angola | 2013 Keyword: Institution, Energy conservation/energy production, Research, Biofuel, Oil Source: FAO, FAOLEX Repealed by Executive Decree No. 494/18 approving the Regulation of the National Directorate of Petroleum. Legislation | Angola | 2018 Keyword: Institution, Energy conservation/energy production, Research, Biofuel, Oil, Legal proceedings/administrative proceedings, Enforcement/compliance, Environmental planning, Environmental standards, Authorization/permit, Concession, Policy/planning, Standards, Protection of environment Source: FAO, FAOLEX