The National Agency of Natural Resources (AKBN) is responsible for developing policies that promote the rational use of natural resources, following government policy, and for monitoring their post-exploitation use in mining, petroleum, and energy sectors.

AKBN areas of activity consist of:

a) The proposal, consultation, and cooperation with relevant government structures for the design of its policies and strategies in the field of mining, hydrocarbons, and energy;

b) The implementation of Government policies in the field of mining, hydrocarbons, and energy;

c) Ensuring, within the scope of its activity, the government’s critical support for studies and projects in the field of activity of mining, hydrocarbons, and energy, presented by government or private entities, domestic or foreign. For special cases, specialized assistance;

d) Promotion of mineral resources, petroleum, hydro, and renewable energy sources;

e) Negotiation of petroleum and mining agreements and monitoring the implementation of their development plans;

f) Preparation of the necessary documentation and procedures for issuing permits, licenses, authorizations, by law, which allow entry into the petroleum agreement and conducting petroleum operations under signed agreements;

g) Monitoring the implementation of agreements on hydrocarbons;

h) Supervises mining, hydrocarbons, and energy;

i) Performs the monitoring of areas used, the risk of closure of mining and mining activities;

j) Monitoring the concessionary contracts for hydropower;

k) Exclusively manages all primary hydrocarbon sector data and data related to mining and post-mining activities;

l) Propose measures to increase the use of energy in the energy cycle;

m) Drafting and publication of the annual energy balance, at the national and regional level, in Eurostat formats and the International Energy Agency.