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Order No. 247 of the Minister of Energy validating the Regulation on the Commission for granting the right to subsoil use of hydrocarbons.

Country/Territory
Kazakhstan
Document type
Regulation
Date
2020
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Institution Oil Exploration Mining
Geographical area
Aral Sea, Asia, Caspian Sea, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia
Entry into force notes
This Order enters into force on 1 September 2020.
Abstract

This Order validates the Regulation on the Commission for granting the right to subsoil use of hydrocarbons. The main task of the Commission is to determine the winner from among the participants of the auction for subsoil use rights for exploration and mining of hydrocarbons on the basis of the register of the results of electronic auctions. The Commission performs the following functions: (a) acknowledgement of the winner of the auction on the basis of the register of the results of electronic auctions; (b) cancellation of the auction on the grounds established by Article 99 of Code on Subsoil and Subsoil Management (Law No. 125-VI ZRK); and (c) repeals auction results on the grounds stipulated by Article 101 of Code on Subsoil and Subsoil Management (Law No. 125-VI ZRK).

Full text
Russian
Website
adilet.zan.kz

References - Legislation

Implements

Code on Subsoil and Subsoil Management (Law No. 125-VI ZRK).

Legislation | Kazakhstan | 2017 (2019)

Keyword: Governance, Mining, Ecofriendly products/ecofriendly processes, Sustainable development, International relations/cooperation, Classification/declassification, Authorization/permit, Contract/agreement, Access-to-information, Basic legislation, Exploration, Minerals, Oil, Groundwater, Water abstraction

Source: FAO, FAOLEX