Law on amendments and addenda to the Law on hydro-carbon resources (1996). Country/Territory Turkmenistan Document type Legislation Date 2005 Source FAO, FAOLEX Subject Energy, Mineral resources 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 The Law enters into force from the date of its official publication. Abstract In the text of the Act the wording “authorized institution” shall be substituted with the wording “The Ministry of Oil and Gas Industry and Mineral Resources”. The second paragraph of the Article 23 shall acquire a new wording: “Production sharing contracts shall be signed on the part of Turkmenistan on the basis of decision by the President of the Cabinet of Ministers (Government) of Turkmenistan”; in the third part of the same article the wording “concern” shall be excluded. Full text Russian Website www.turkmenistan.gov.tm 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