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Law on hydro-carbon resources (1996).

Country/Territory
Turkmenistan
Document type
Legislation
Date
1996
Source
FAO, FAOLEX
Subject
Energy, Mineral resources
Keyword
Oil Natural gas Contract/agreement Exploration Mining Authorization/permit
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
Entry into force from the date of its official publication.
Abstract

The present Law is aimed at rational and efficient use of hydro-carbon resources and conservation of natural resources of Turkmenistan for the future generations. The document consists of XI Chapters that contain 61 Articles. Chapter I (arts. 1-3) lays down general provisions. Chapter II (Arts.4-6) determines competence of the Cabinet of Ministers, authorized institution and concern in the sphere of use of hydro-carbon resources. Chapter III (Arts.7-22) regards licensing of oil prospecting activity. Chapter IV (Arts.23-27) regards agreements. Chapter V (Arts.28-35) regards carrying out oil extraction activity. Chapter VI (Arts.36-37) establishes the rights and the obligations of the contractors. Chapter VII (Arts.38-42) regards main pipe-lines. Chapter VIII (Arts.43-45) regards environmental protection. Chapter IX (Arts.46-49) regards finances and taxes. Chapter X (Arts.50-57) establishes legal terms and conditions. Chapter XI (Arts.58-61) lays down final provisions.

Full text
Russian

References - Legislation

Implemented by

Presidential Decree No. 3189 regarding implementation of the Law on hydro-carbon resources (1996).

Legislation | Turkmenistan | 1997

Keyword: Institution, Oil, Exploration, Contract/agreement

Source: FAO, FAOLEX

Amended by

Law on amendments and addenda to the Law on hydro-carbon resources (1996).

Legislation | Turkmenistan | 2005

Keyword: Institution, Contract/agreement

Source: FAO, FAOLEX

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

Legislation | Turkmenistan | 2005

Keyword: Institution, Contract/agreement

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Repealed by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