– Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.
– Repayment of US$5 billion owed to foreign partners.
– Speeding up and facilitating the presentation of new research and exploration agreements.
– Amending exploration contracts and raising the price for purchasing crude oil from foreign partners.
– New tariffs for the purchase of energy from new or renewable sources.
– Facilitating land allocation for renewable energy projects.
– Amending the legislation on the New and Renewable Energy Authority to allow partnerships with the private sector.
– Cabinet approval of the final draft of the unified electricity law, with the aim of liberating electricity production and opening the door for the private sector.
– Forming a panel in charge of resolving financial disputes and adjusting financial transactions between the ministries of petroleum, electricity and finance.
