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Law amending Law on hydro-carbon resources (1996).

Country/Territory
Turkmenistan
Document type
Legislation
Date
2005
Source
FAO, FAOLEX
Subject
Energy
Keyword
Institution Contract/agreement
Geographical area
Asia, Caspian Sea, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia
Entry into force notes
This Law enters into force on the date of its official publication.
Abstract

In the text of the Law the wording “competent authority or corporate group” shall be substituted with the wording “Ministry of Oil and Gas Industry and Mineral Resources”. Article 23 shall be amended to add a new wording: “Production sharing contract (PSC) shall be signed by the Ministry of Oil and Gas Industry and Mineral Resources in accordance with decisions by the Cabinet of Ministers.”

Full text
Russian
Website
www.government.tk

References - Legislation

Amends

Law on hydro-carbon resources (1996).

Legislation | Turkmenistan | 1996

Keyword: Oil, Natural gas, Contract/agreement, Exploration, Mining, Authorization/permit

Source: FAO, FAOLEX

Repealed by

Law No. 208-III “On hydrocarbons”.

Legislation | Turkmenistan | 2008

Keyword: Oil, Exploration, Mining, Authorization/permit, Contract/agreement, Royalties/fees

Source: FAO, FAOLEX