- Development of current and long-term forecasts, targeted scientific, technical, economic and social development programs for oil, gas and petrochemical industry, efficient use of natural resources and the available production capacity;
- The most complete demands of the economy and the population of the republic in the petroleum and natural gas;
- Identify and coordinate strategic and priority areas of exploration for oil and gas, the introduction of effective systems and methods for developing oil and gas fields;
- all-round expansion of economic, technical, technological and investment cooperation with foreign countries and companies;
- Attracting investment on the basis of study of the state of national and world market of oil, gas and petroleum products;
- monitoring the functioning of the gas supply system and supply of petroleum products;
- Introduction to the enterprises of the sector of new technologies and advanced management methods.