Section 31: Objectives of the Authority.

The objectives of the Authority shall be to—
(a) regulate midstream and downstream petroleum operations, including technical, operational and commercial activities;
(b) ensure efficient, safe, effective and sustainable infrastructural development of midstream and downstream petroleum operations;
(c) promote healthy, safe, efficient and effective conduct of midstream and downstream petroleum operations in an environmentally acceptable and sustainable manner;
(d) promote a competitive market for midstream and downstream petroleum operations;
(e) promote the supply and distribution of natural gas and petroleum products in midstream and downstream petroleum operations and the security of natural gas supply for the domestic gas market;
(f) ensure compliance with applicable laws and regulations governing midstream and downstream petroleum operations;
(g) ensure crude oil supply for domestic refineries;
(h) determine, administer and ensure the implementation and maintenance of technical standards, codes, practices and specifications applicable to midstream and downstream petroleum operations pursuant to good international petroleum industry practices;
(i) implement Government policies for midstream and downstream petroleum operations as directed by the Minister and in accordance with this Act;
(j) promote, establish and develop a positive environment for international and domestic investment in midstream and downstream petroleum operations;
(k) ensure strict implementation of environmental policies, laws and regulations for midstream and downstream petroleum operations;
(l) develop and enforce a framework on tariff and pricing for natural gas and petroleum products; and
(m) implement such other policies and objectives as are consistent with the provisions of this Act.