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Ministerial Decree No. 4 validating the Regulation on allotment without tender of continental shelf for exploration, prospecting and extraction of gas.

Country/Territory
Russian Federation
Document type
Regulation
Date
2009
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Exploration Mining Natural gas
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Abstract

This Ministerial Decree establishes the procedure for examination of applications for exploration, prospecting and extraction of gas on the plots of subsoil on continental shelf of the Russian Federation of federal significance. Allotment of the aforesaid plots of subsoil shall be carried out without tender by decision of the Government. The right of use of the plots of subsoil shall be granted to the following categories of users: (a) legal entities set up in conformity with the Russian legislation operating on continental shelf of the Russian Federation at least for 5 years with contribution to the charter capital of the Russian Federation over 50 percent; and (b) legal entities owning national or regional unified gas supply system. The applicant shall submit the following documentation: (a) copies of constituent documents and copy of registration at the Unified state register of legal entities; (b) copy of taxpayer’s registration certificate specifying taxpayer identification number issued by tax inspection; (c) certification attesting setting up of the legal entity up in conformity with the Russian legislation with contribution to the charter capital of the Russian Federation over 50 percent; (d) copy of bookkeeping balance sheet for the previous year; (e) certificate attesting availability of proprietary funds for carrying out exploration, prospecting and mining in accordance with combined licence; (f) copies of licences; (g) certificate attesting at least five-year work experience; and (h) certificates attesting ownership of national or regional unified gas supply system by the applicant.

Full text
Russian
Website
www.systema.ru