of June 28, 2018 No. 388
About approval of Rules of implementation of the privilege of the Republic of Kazakhstan to acquisition of hydrocarbons
According to Item 13 of article 121 of the Code of the Republic of Kazakhstan of December 27, 2017 "About subsoil and subsurface use" the Government of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Rules of implementation of the privilege of the Republic of Kazakhstan to acquisition of hydrocarbons.
2. This resolution becomes effective from the date of its first official publication.
Prime Minister of the Republic of Kazakhstan
B. Sagintayev
Approved by the Order of the Government of the Republic of Kazakhstan of June 28, 2018 No. 388
1. These rules of implementation of the privilege of the Republic of Kazakhstan to acquisition of hydrocarbons (further – Rules) are developed according to Item 13 of article 121 of the Code of the Republic of Kazakhstan of December 27, 2017 "About subsoil and subsurface use" and determine procedure for implementation by the state of the privilege to acquisition of hydrocarbons.
2. Acquisition of hydrocarbons according to the procedure of the privilege of the state is performed by competent authority.
Competent authority on acquisition of hydrocarbons is the Department of Energy of the Republic of Kazakhstan.
3. The concepts and determinations used in these rules are applied according to the legislation of the Republic of Kazakhstan.
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