ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of June 29, 2002 No. 707

About differentiation of powers in oil operations between state bodies and private company "The KazMunaiGas national company

For the purpose of differentiation of powers in oil operations between state bodies and private company "The national company "KazMunaiGas" Government of the Republic of Kazakhstan decides:

1. Approve the enclosed list of powers of private company "The KazMunaiGas national company in oil operations.

2. Competent authority concerning subsurface use, state bodies on use and protection of subsoil, on environmental protection, on supervision of safe operation in the industries and other state bodies perform the functions assigned to them in the field of oil operations according to the legislation and regulations on each state body.

3. To the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan (further - the Ministry) to develop and approve interaction conditions with private company in a month "The KazMunaiGas national company when implementing powers in oil operations, having determined that the specified society:

1) it is excluded

2) it is excluded

3) represents the state commercial interests in contracts on oil operations at the sea and to other oil operations by means of equity in contracts;

4) has the right to obtain information necessary for implementation of functions of working body, conducting examinations of documents and execution of orders of the Ministry at the Ministry of all questions.

4. To the Ministry of Natural Resources and Environmental Protection of the Republic of Kazakhstan, emergency situations Agency of the Republic of Kazakhstan and other interested state bodies to take all necessary measures following from this resolution.

5. This resolution becomes effective from the date of signing.

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