Crown prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has issued a resolution forming the Dubai Regulatory Committee for Petroleum Products Trading. It will report directly to the Supreme Council of Energy which will involve representatives from public and private sector groups.

UAE news agency, WAM, stated that the committee includes delegates from the Ministry of Interior, Ministry of Energy and Industry, Federal Authority for Land and Maritime Transport, Supreme Council of Energy, Dubai Police, Directorate General of Civil Defence Dubai, Dubai Municipality, Roads and Transport Authority, Department of Economic Development, Dubai Customs, Dubai Chamber Of Commerce and Industry, Dubai Petroleum Company, Emirates National Oil Company, ENOC, Ports Customs and Free Zone Corporation and Dubai Maritime City Authority.

The chairman of the Supreme Council of Energy will elect the chairman and vice chairman of the committee. The committee is answerable for all the duties prescribed in Federal Law No. (14) Of 2017 on Trading in Petroleum Products and its bylaws and any other relevant regulation issued by Supreme Council of Energy.