The Ministry of Energy is a federal agency under the executive branch responsible for: • drafting and implementing national policy and legal regulation in the oil and fuel sector, including issues related to the electric power industry, oil production, oil processing, gas, fuel, peat and slate industries, major oil and gas pipelines, renewable energy sources, development of hydrocarbon fields based on production-sharing agreements, and the petrochemical industry • providing state services and managing state property in the production and use of oil and fuel resources.