The Oil and Gas Act was issued in 1998. It enacts comprehensive legislation governing the exploration for and production of petroleum (including oil and gas) in Papua New Guinea, including the offshore area, and the grant to traditional landowners and Provincial Governments and Local-level Governments of benefits arising from projects for the production of petroleum (including oil and gas), and the processing and transportation in Papua New Guinea of petroleum and petroleum products, and to repeal various Acts, and for related purposes.

The Petromin PNG Holdings Limited Authorization Act 2007 sets out the recognition of the establishment of Petromin PNG Holdings Limited as a commercial enterprise.

The Electricity Commission Regulation 1966 was made under the Electricity Commission Act 1966. The document incorporates all amendments, if any, made before25 November 2006.

The Petroleum (Submerged Lands) Act 1967 (Adopted) is Act relating to the Exploration for, and the Exploitation of, the Petroleum Resources, and certain other Resources, of the Continental Shelf of Australia and of certain Territories of the Commonwealth and of certain other Submerged Land.

The Petroleum (Gulf of Papua) Agreements Act 1976, is an Act to provide for the approval of certain Agreements between the State and certain companies relating to the exploration for petroleum in the Gulf of Papua and development of facilities to produce any commercial quantities of petroleum discovered, and for related purposes.

The Petroleum Agreements (Currency Provisions) Act 1978 is an Act to give the force of law to certain provisions of certain agreements relating to petroleum.

Electricity Commission (Privatization) Act 2002 is an Act to provide for: (a) the privatization of the business of the Papua New Guinea Electricity Commission; and (b) the incorporation under the Companies Act 1997 of a successor company and the transfer to that successor company of various assets and liabilities of the Commission; and (c) the transfer to the successor company of employees of the Commission required by the successor company and the preservation and transfer to the successor company of the superannuation and other entitlements of those employees; and d) the transfer to the successor company of the Commission’s water use permits and the extension of those water use permits; and (e) the Minister to give directions regarding community service obligations; and (f) related purposes.

The Electricity Supply (Government Power Stations) Act 1970 is an Act to provide for the control and maintenance of Government power stations, and for related purposes.

The Electricity Supply (Government Power Stations) Regulation, was made under the Electricity Supply (Government Power Stations) Act 1970. It deals with the conditions of supply of electricity.

The leadership of the Federated States of Micronesia acknowledged the need for the development of a National Energy Policy and Action Plans that would assist the Nation in becoming less dependent on fossil fuel and more prepared to withstand the heavily fluctuating energy prices that nearly lead the FSM into a national emergency in 2008. The policy contains two Volumes; Volume I covers the overarching policy, while Volume II contains the energy action plans. The development and finalization of the policy and action plans was completed with considerable effort by many people from the national government as well as from the four FSM states. The target is set under this policy to reach at least 30% of renewable energy share in the total energy production by 2020.