Abu Dhabi Petroleum Committee to Launch Consultation and Communication Platform

ANNA |
Updated: Jul 07, 2024 23:27 IST

Abu Dhabi (United Arab Emirates), July 7 (ANI/WAM): The Abu Dhabi Petroleum Products Regulatory Committee is continuing its efforts to strengthen security measures in the emirate, ensuring that operators and stakeholders comply with federal and local regulations and rulings.
In this regard, Saif Saeed Al Qubaisi, Acting Director General of Regulation at the Department of Energy, stated: “The Committee aims to enable entities involved in the trade of petroleum products in the Emirate of Abu Dhabi to effectively cooperate in implementing the regulatory framework for these activities in accordance with the relevant regulations issued. This includes the Federal Law No. (14) of 2017 and its implementing regulations issued by Cabinet Resolution No. (35) of 2019, in addition to Law No. (5) of 2023 regarding the regulation of these activities in the Emirate of Abu Dhabi.”
Al Qubaisi added: “The committee regulates these activities in Abu Dhabi in line with international best practices. It examines all related issues and topics and presents its proposals to the Department of Energy (DoE), in particular regarding the assessment of activities involving trade in these products, which include hydrocarbon gas and all petroleum derivatives except crude oil. The committee also proposes programmes, initiatives and projects related to the regulation of trade in these products.”

He continued: “In accordance with the Committee’s charter, four working groups have emerged under the supervision of the DoE’s technical sector. Each working group is composed of representatives from different Committee member entities. The mandate of each group focuses on permitting, inspection and enforcement, legislation and legal matters, and data and information technology, respectively.”
In addition, Al Qubaisi indicated that the Committee examines and analyzes periodic reports on trade in these products and their performance indicators and makes appropriate recommendations. These reports include trade permits issued, compliance indicators of public entities in this sector, violations, fines and related necessary procedures to monitor compliance by establishments and individuals with licenses, permits and related conditions and standards.
Al Qubaisi stressed that the regulations governing the trade in petroleum products cover a wide range of activities and processes, from importing these products into the country or manufacturing them, to their storage, packaging, transportation, marketing, distribution, offering for sale, selling, purchasing or supplying them to others.
Al Qubaisi noted that the Committee will launch a platform for consultation and communication with customers and companies operating in the petroleum products sector in the Emirates of Abu Dhabi to facilitate the exchange of technical knowledge and understanding of the needs of stakeholders. The DoE will develop the requirements, procedures and working mechanism for this platform. (ANI/WAM)