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Presidential Decree No. 133/18 approving the Statute of the Oil Derivatives Regulatory Institution.

Country/Territory
Angola
Document type
Regulation
Date
2018
Source
FAO, FAOLEX
Original source
Diário da República, I Série, No. 72.
Subject
Energy, Mineral resources
Keyword
Institution Research Oil Transport/storage Internal trade International trade Energy conservation/energy production Residues Pollution control
Geographical area
Africa, Central Africa, Least Developed Countries, South Atlantic
Entry into force notes
This Presidential Decree enters into force on the day of its publication.
Abstract

This Presidential Decree approves the Statute of the Oil Derivatives Regulatory Institution (IRDP). This Statute, consisting of 27 articles divided into five Chapters and 2 Annexes, establishes composition, duties and responsibilities of the above mentioned institution, entitled to perform any activity related to petroleum products. In particular it aims to: Protect the rights and interests of consumers in relation to prices, quality of service and products; Promote competition in order to improve the efficiency of activities; Ensure rules and transparency of trade relations between the various actors involved in the sector; Contribute to the progressive improvement of the technical, economic and environmental conditions in the Petroleum Sector, stimulating the adoption of practices that promote the efficient use of petroleum products and adequate standards of quality of service and products, as well as the protection of the environment; Resolve disputes in Petroleum Derivatives Sector; Follow the international good practices of regulation of the Petroleum Derivatives Sector and establish relations with similar regulatory entities and with the relevant international organizations; Guarantee concessionaires and licensed entities to obtain the necessary obligations set forth in their licences; Propose related policies to the Executive and their implementation; etc.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Repeals

Presidential Decree No. 133/13 creating the Institution regulating Petroleum Products (IRDP).

Legislation | Angola | 2013

Keyword: Institution, Research, Oil, Transport/storage, Internal trade, International trade, Energy conservation/energy production, Residues, Pollution control

Source: FAO, FAOLEX

Implemented by

Executive Decree No. 51/19 approving the Regulation of the Oil Derivatives Regulatory Institution (IRDP).

Legislation | Angola | 2019

Keyword: Institution, Legal proceedings/administrative proceedings, Research, Oil, Transport/storage, Internal trade, International trade, Energy conservation/energy production, Residues, Pollution control

Source: FAO, FAOLEX