ORDER OF THE MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of December 6, 2018 No. 481

About approval of Rules of the organization and tendering by the liquefied oil gas through electronic trading platforms

According to subitem 18-1) of article 6 of the Law of the Republic of Kazakhstan "About gas and gas supply" I ORDER:

1. Approve the enclosed Rules of the organization and tendering by the liquefied oil gas through electronic trading platforms.

2. To provide to development department of the gas industry of the Department of Energy of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days from the date of state registration of this order the direction it in the Kazakh and Russian languages in the Republican state company on the right of economic maintaining "The republican center of legal information" for official publication and inclusion in Reference control bank of regulatory legal acts of the Republic of Kazakhstan;

3) placement of this order on Internet resource of the Department of Energy of the Republic of Kazakhstan;

4) within ten working days after state registration of this order submission to Department of legal service of the Department of Energy of the Republic of Kazakhstan of data on execution of the actions provided by subitems 1), 2) and 3) of this Item.

3. To impose control of execution of this order on the supervising vice-Minister of Energy of the Republic of Kazakhstan.

4. This order becomes effective after twenty one calendar days after day of its first official publication, but not earlier than January 1, 2019.

It is approved Ministry of information and communications of the Republic of Kazakhstan

It is approved Ministry of national economy of the Republic of Kazakhstan

Approved by the Order of the Minister of Energy of the Republic of Kazakhstan of December 6, 2018 No. 481

Rules of the organization and tendering by the liquefied oil gas through electronic trading platforms

Chapter 1. General provisions

1. These rules of the organization and tendering are developed by the liquefied oil gas through electronic trading platforms (further – Rules) according to subitem 18-1) of article 6 of the Law of the Republic "About gas and gas supply" (further – the Law) and establish procedure for the organization and tendering by the liquefied oil gas through electronic trading platforms.

2. In these rules the following concepts are used:

1) the request of the participant - the proposal (offer) of the participant of the electronic biddings on sale (purchase) of the liquefied oil gas or the notification (acceptance) of the participant of the electronic biddings on adoption of the offer on purchase (sale) of the liquefied oil gas containing all conditions necessary for the conclusion of electronic commercial transaction according to these rules;

2) lot - the amount of the liquefied oil gas which is the fixed unit exposed on the electronic biddings;

3) the organizer of the biddings - the legal entity - the resident of the Republic of Kazakhstan, being the owner of electronic trading platform, rendering according to these rules services in tendering by the liquefied oil gas on electronic trading platform and conforming to the requirements established by these rules;

4) managing committee of the organizer of the biddings - the advisory advisory body of the organizer of the biddings performing representation of interests of participants of the electronic biddings on the questions connected with their organization and carrying out;

5) technical failure - the short-term loss of working capacity by electronic trading platform making impossible continuation of rendering the services connected with the organization of electronic trading;

6) the trade instrument - the asset meeting the certain specification established by the organizer of the biddings who can act in the form of subject of trading activity;

7) trading day - day of work of the organizer of the biddings during which it holds the electronic auction;

8) trading session - period of time of trading day during which participants expose in electronic trading platform of the purchasing request (sale) of the liquefied oil gas and on them commodity bargains are concluded;

9) information system of authorized body - the integrated information system "Single State Management System Subsurface Use of the Republic of Kazakhstan" intended for collection, storage, the analysis and information processing in the field of subsurface use;

10) the participant of the electronic biddings - person who is allowed to participation in the biddings on electronic trading platform according to these rules;

11) electronic trading platform - the complex of computing means, the software, databases, telecommunication means and other equipment intended for tendering by the liquefied oil gas within the delivery plan of the liquefied oil gas on the domestic market of the Republic of Kazakhstan and providing automation of process of the conclusion of transactions, and also collection, storage, processing and disclosure of information;

12) the electronic and digital signature - set of electronic digital symbols created by means of the digital signature and confirming reliability of the electronic document, its accessory and invariance of content.

Other concepts used in these rules are applied according to the Laws.

Chapter 2. Requirements to organizers of the biddings

3. For carrying out the electronic biddings by the liquefied oil gas the organizer of the biddings provides availability:

1) the electronic trading platform meeting the requirements given in appendix to these rules;

2) managing committee of the organizer of the biddings;

3) the structural division equipped with necessary means on providing the mode of confidentiality, and also safety of the data which are trade secret on electronic trading platform, including on electronic media;

4) at employees of the organizer of the biddings holding the executive positions connected with the organization of the electronic biddings by the liquefied oil gas:

the higher education;

length of service in the field of electronic trading, commodity exchanges and (or) in the financial organizations at least three years;

5) at employees of the organizer of the biddings holding the positions connected with the organization of the electronic biddings by the liquefied oil gas, except for leading - the highest or after secondary education;

6) structural divisions on the organization of electronic trading and for work with clients;

7) contracts with bank of the second level on use of the mechanism of clearing system for calculation for the concluded bargains or contracts with the clearing organization servicing electronic trading platform, conforming to requirements of the legislation of the Republic of Kazakhstan about commodity exchanges;

8) own Internet resource in the Kazakh and Russian languages containing information on electronic trading platform and procedure for carrying out on it for the biddings, the special Section for placement of results of the electronic biddings.

4. The authorized capital of the organizer of the biddings constitutes at least hundred thousandfold sizes of the monthly settlement indicator established for the corresponding financial year by the Law of the Republic of Kazakhstan on the republican budget.

5. The organizer of the biddings performs training and retraining of potential bidders, explains their rights and obligations.

6. The organizer of the biddings holds the auction other types of goods according to the legislation of the Republic of Kazakhstan.

7. The organization and tendering by the liquefied oil gas is performed by the organizer of the biddings taking into account requirements of these rules.

Chapter 3. Requirements to bidders

8. Participants of the electronic biddings are buyers and sellers of the liquefied oil gas.

9. Participants of the electronic biddings as sellers of the liquefied oil gas are the following categories of subjects of systems of supply with the liquefied oil gas including acting as dealers or their representatives (agents, brokers):

1) producers of the liquefied oil gas;

2) owners of the liquefied oil gas made in the course of conversion belonging to them on the property right or other legal causes of hydrocarbonic raw material.

10. Participants of the electronic biddings as buyers of the liquefied oil gas are the following categories of subjects of systems of supply with the liquefied oil gas including acting as dealers or their representatives (agents, brokers):

1) gas-network organizations;

2) the industrial consumers, owners of gas-filling Items and (or) autogas-filling stations having on the property right or other legal causes of reservoir of storage of the liquefied oil gas with a total amount at least 60 cubic meters with possibility of their filling from cistern cars, or who signed the service provision agreement on storage and transfer of the liquefied oil gas in amount at least 60 cubic meters a month with the owner of the gas-filling station in the respective region of delivery.

For industrial consumers, owners of gas-filling Items and (or) autogas-filling stations, in case of their participation in the electronic biddings on the trade instruments providing supply of the liquefied oil gas road transport requirements of the subitem 2) of this Item do not extend.

11. Are not bidders of person, affiliated with the organizer of the biddings.

12. For participation in the electronic biddings sellers and (or) buyers or their representatives sign the service provision agreement on carrying out the electronic biddings with the organizer of the biddings.

13. The organizer of the biddings records participants of the electronic biddings and assigns for each bidder unique code which at the same time is login for entrance to electronic trading system.

Chapter 4. Managing committee of the organizer of the biddings

14. The managing committee of the organizer of the biddings consists of number of representatives of National chamber of entrepreneurs of the Republic of Kazakhstan, associations of the subjects of private entrepreneurship accredited in authorized body, participants of the electronic biddings, and also other interested persons. At the same time the number of members - representatives of sellers and members - representatives of buyers is equal.

15. The managing committee of the organizer of the biddings claims:

1) schedule and frequency of carrying out trading days and substantive trading sessions;

2) trade instruments;

3) the amount of warranty providing for participation in the electronic biddings;

4) maximum sizes of requests for sale and purchase;

5) monthly maximum value of the basic price of the liquefied oil gas.

Information specified in subitems 1) – 5) this Item, is published on official Internet resources of organizers of the biddings within 3 (three) working days from the date of its approval of the biddings by managing committee of the organizer.

Chapter 5. Procedure for the organization and carrying out the electronic biddings

Paragraph 1. Organization and carrying out the electronic biddings

16. The owner of electronic trading platform having intention to perform the organization of the electronic biddings by the liquefied oil gas submits to authorized body the application of any form with application of copies of the documents confirming the applicant's compliance to the requirements established in Chapter 2 of these rules.

17. The application is considered within one month from the date of its receipt in authorized body by the commission on determination of organizers of the biddings by the liquefied oil gas (further - the Commission). The commission is created of number of representatives of authorized body, authorized body in the field of informatization, National chamber of entrepreneurs of the Republic of Kazakhstan, and also other interested persons.

18. During the term specified in Item 17 of these rules, the applicant holds for the Commission the remote test electronic auction in the imitating mode with participation in one electronic biddings on the conditional trade instrument at least three conditional sellers and at least five conditional buyers allowing to confirm the available functionality of electronic trading platform.

19. By results of consideration of the application and carrying out the remote test electronic biddings the Commission makes the decision on compliance or discrepancy of the applicant to the requirements established in Chapter 2 of these rules.

At the same time the owner of electronic trading platform on whom the Commission makes the decision on compliance to the requirements established in Chapter 2 of these rules and authorized body prior to carrying out the electronic biddings provide integration of electronic trading platform with information system of authorized body.

Names and contact information of owners of electronic trading platforms on which the Commission makes the decision on compliance to the requirements established in Chapter 2 of these rules are published on official Internet resource of authorized body.

20. The organizer of the biddings allows to participation in the electronic biddings only persons specified in Items 9 and 10 of these rules.

21. The organizer of the biddings provides to all participants of the electronic biddings equal access to the electronic biddings taking into account the requirements established by these rules.

22. The organizer of the biddings calculates the prices, indexes and other indicators on the liquefied oil gas based on information on the bargains concluded at the electronic biddings.

23. The organizer of the biddings will organize risk management system, connected with the organization of the electronic biddings, and also with implementation of transactions with own property.

24. The organizer of the biddings by means of information system of authorized body monthly not later than five calendar days prior to the beginning of the month preceding planned receives the delivery plan of the liquefied oil gas on the domestic market of the Republic of Kazakhstan (further - the delivery plan) reflecting the list of sellers of the liquefied oil gas by gas amounts on its realization through electronic trading platforms.

24-1. Sellers monthly, in time not later than 3 (three) working days prior to the trading sessions notify the organizer of the biddings on amount of the liquefied oil gas which they plan to expose for realization through the relevant electronic trading platform in current month.

The consolidated information on the planned sales amounts through the relevant electronic trading platform in current month is placed the organizer of the biddings on its official Internet resource no later than 2 (two) working days prior to the trading sessions in time.

25. The organizer of the biddings within 5 (five) working days, since 20 (twentieth) preceding planned holds 5 (five) substantive trading sessions, on each of which sellers expose 20 (twenty) percent from obligatory for realization through electronic trading platforms of amount of the liquefied oil gas, with the actual shipment within the planned month.

In case of absence for the date specified in paragraph one of this Item, distribution by the producer of amount, obligatory to supply, of the liquefied oil gas between owners of the liquefied oil gas made in the course of conversion belonging to them on the property right or other legal causes of hydrocarbonic raw material, such owners on each of the first 4 (four) substantive trading sessions put up for sale 20 (twenty) percent from amount of the liquefied oil gas planned by them to distribution.

For persons specified in the paragraph the second this Item, 5 (fifth) substantive trading session are held separately in 1 (first) working day following behind day of approval of distribution of the liquefied oil gas between owners at the same time up for sale all amount of the liquefied oil gas necessary for execution by such persons of the delivery plan is put.

26.  No. 5 is excluded according to the Order of the Minister of Energy of the Republic of Kazakhstan of 08.01.2020.

27. The liquefied oil gas is implemented through electronic trading platforms on the corresponding trade instruments which provide:

1) type of the liquefied oil gas and its quality characteristics;

2) the place, term, method of shipment and other delivery conditions of the liquefied oil gas;

3) payment terms of the liquefied oil gas;

4) the region (regions), within which territory (which) the liquefied oil gas is subject to the subsequent realization by buyers;

5) if necessary - other conditions determined by the organizer of the biddings.

28. No. 420 is excluded according to the Order of the Minister of Energy of the Republic of Kazakhstan of 30.12.2021

29. About change of the schedule and frequency of carrying out trading days and trading sessions, and also participants of the electronic biddings are informed on holding additional trading sessions not later than 24 hours prior to the beginning of trading day.

30. If the amount of the liquefied oil gas obligatory for realization by the corresponding seller through electronic trading platforms, makes less than 180 (hundred eighty) tons, then such seller offers for sale more than twenty percent from amount, since the first trading session.

If at last trading sessions it was exposed on realization, but the amount of the liquefied oil gas was not realized, such amount is in addition exposed at the subsequent trading sessions.

31. The minimum lot size (amount) of the liquefied oil gas which is monthly acquired on electronic trading platform by persons specified in Item 10 of these rules makes 1 (one) lot.

Lot size on the trade instruments providing supply of the liquefied oil gas by rail constitutes 1 (one) car from 36 (thirty six) to 40 (forty) tons, road transport of 5 (five) tons.

32. Requests for realization are exposed by sellers in lots. If the size of monthly obligations of the seller on realization of the liquefied oil gas is not multiple to the established lot size, the seller offers for sale amount multiple to lot size, but at least an amount of monthly obligations on realization through electronic trading platform.

33. The maximum lot size (amount) of the liquefied oil gas which is monthly acquired on electronic trading platform by the buyer makes no more than 10 (ten) percent from amount of the liquefied oil gas which is subject to realization through electronic trading platforms according to the delivery plan for the planned month, and on trade instruments of basis of delivery from which at least 80 (eighty) percent of amount of the liquefied oil gas are exported by road transport, no more than 5 (five) percent.

The amount of the liquefied oil gas specified in part one of this Item is established by the organizer of the biddings for each buyer taking into account the actual amounts of acquisition of the liquefied oil gas by it during the current calendar month on all electronic trading platforms.

The organizer of the biddings obtains data on amounts of acquisition by buyers of the liquefied oil gas through information system of authorized body.

34. For participation in the biddings by the liquefied oil gas through electronic trading platforms participants of the electronic biddings bring cash warranty cover to the organizer of the biddings or into the account of the clearing organization servicing electronic trading platform.

The amount of warranty providing for participation in the electronic biddings is established by managing committee of the organizer of the biddings.

The procedure for introduction, deduction and return of warranty providing is determined by the organizer of the biddings or the clearing organization.

35. The electronic auction the liquefied oil gas is held in the form of double counter (anonymous) auction in the following procedure:

Participants of the electronic biddings give 1) during the trading session to the organizer of the biddings of the purchasing request (sale) of goods with observance of requirements to the minimum and maximum price of goods, stipulated in Item 36 these rules;

2) during the trading day one trading session, except for the case established in Item 36-1 of Rules is held;

Duration of trading session constitutes 3) two hours;

4) bases of delivery determine the objects used by sellers for filling the liquefied oil gas in cistern cars and (or) autogas carriers from production facilities of producers of the liquefied oil gas or objects which are technologically connected with such production facilities;

5) the purchasing request (sale) of goods contains the following main data:

name of the bidder;

request type (on purchase or sale);

the name of the bought (sold) goods;

the goods price specified in tenge;

goods quantity, declared on purchase (sale);

other data determined by the organizer of the biddings;

6) all accepted requests come down in queue of unsatisfied requests for sale and purchase:

purchasing requests are ranged in decreasing order of the prices specified in them, and in case of the equal prices - according to the procedure of priority of their receipt in trade system;

requests for sale are ranged in ascending order of the prices specified in them, and in case of the equal prices - according to the procedure of priority of their receipt in trade system;

7) again arrived request for sale is satisfied at the expense of the available purchasing requests in which purchase prices are higher or are equal to the price of the arrived request, starting with the purchasing request containing the highest price. This process continues to complete satisfaction of such request for sale or before exhaustion of the purchasing requests accepted at the price;

8) again arrived purchasing request is satisfied at the expense of the available requests for sale in which selling prices are lower or are equal to the price of the arrived request, starting with the request for sale containing bottom price. This process continues to complete satisfaction of such purchasing request or before exhaustion of the requests for sale accepted at the price.

Based on again arrived request are made one or more transactions, depending on number of demanded counter purchasing requests (sale). Transactions are made at the prices specified in demanded counter requests;

9) completely satisfied purchasing requests (sale) further do not participate in the biddings. Partially satisfied requests continue to participate in the biddings regarding unsatisfied amounts on purchase (sale);

10) participants of the electronic biddings have the right to give any number of purchasing requests (sale) of goods. At the same time any application submitted by the bidder is allowed to be removed until the conclusion of the transaction;

11) the transactions registered by trade system with the prices non-compliant to the requirements of Item 36 of these rules, are subject to immediate cancellation by the organizer of the biddings what the parties of the transaction are in writing informed on;

12) upon termination of all trading sessions unsatisfied requests are cancelled by the organizer of the biddings.

36. The managing committee of the organizer of the biddings establishes the minimum and maximum level of acceptable deviation of the price of the liquefied oil gas created during the trading session from the basic price, within the range from 3 (three) to 5 (five) percent.

At the same time the basic price of trading session is established in the following procedure:

1) at the first electronic biddings on again approved trade instrument at the level of the weighted average price of the liquefied oil gas which developed for the last trade month on all trade instruments of the corresponding basis of delivery;

2) if following the results of the substantive trading session bargains on amounts of the liquefied oil gas at least than 75 (seventy five) percent of subject of realization in this trading session according to Item 30 of these rules were concluded, on the next substantive trading session the basic price is established at the level of the weighted average price of the liquefied oil gas which developed for such trading session;

3) if following the results of the substantive trading session bargains on amounts of the liquefied oil gas of less than 75 (seventy five) percent, but more than 25 (twenty five) percent, realization subject in this trading session according to Item 30 of these rules were concluded, and at the same time weighted average price of the liquefied oil gas developed at the level or above the basic price of this trading session, on the next substantive trading session the basic price does not change;

4) if following the results of the substantive trading session bargains on amounts of the liquefied oil gas of less than 75 (seventy five) percent, but more than 25 (twenty five) percent, realization subject in this trading session according to Item 30 of these rules were concluded, and at the same time weighted average price of the liquefied oil gas developed below the basic price of this trading session, then on the next substantive trading session the basic price is established at the level of the weighted average price of the liquefied oil gas which developed for such trading session;

5) if following the results of the substantive trading session on the trade instrument bargains on amounts of the liquefied oil gas less than 25 (twenty five) percent, realization subject in this trading session according to Item 30 of these rules were concluded, or bargains were not concluded, on the next substantive trading session the basic price decreases by 5 (five) percent, but it is not lower than the level of current marginal price of the liquefied oil gas realized within the delivery plan of the liquefied oil gas on the domestic market of the Republic of Kazakhstan out of electronic trading platforms approved by authorized body according to the subitem 7) of article 6 of the Law;

6) if on the trade instrument transactions within 30 (thirty) and more calendar days were not carried out, the basic price is established at the level of the weighted average price of the liquefied oil gas which developed for the previous trading session on all trade instruments of the organizer of the biddings with the corresponding basis of delivery.

The basic price of the liquefied oil gas does not exceed arithmetic-mean value of quotations of the prices of the liquefied oil gas for the previous calendar month in importing countries of the Kazakhstan liquefied oil gas, less arithmetic-mean value of expenses on its transportation to such countries by rail.

The value specified in paragraph nine of this Item is determined based on the List officially acknowledged sources of information on market prices approved by the Order of the Government of the Republic of Kazakhstan of March 12, 2009 No. 292, and monthly affirms managing committee of the organizer of the biddings based on recommendations of authorized body.

The basic price of the liquefied oil gas is established on objects for filling the liquefied oil gas in cistern cars and (or) autogas carriers.

36-1. Additional trading sessions are held by the organizer of the biddings at the request of the seller in the following cases:

1) in case of origin at the seller of not shipped amounts of the liquefied oil gas obligatory for domestic sale of the Republic of Kazakhstan out of electronic trading platforms, in connection with refusal of the gas-network organization or the industrial consumer using the liquefied oil gas as raw materials for production of petrochemical products of acquisition of the liquefied oil gas;

2) in case of origin at the seller of not shipped amounts of the liquefied oil gas obligatory for domestic sale of the Republic of Kazakhstan through electronic trading platforms, in connection with refusal of the buyer of payment of the liquefied oil gas acquired through electronic trading platform;

3) in case of availability at the seller of the amounts of the liquefied oil gas obligatory exposed at the substantive trading sessions, but not realized for domestic sale of the Republic of Kazakhstan through electronic trading platforms;

4) in case of intention of the seller to expose on realization through electronic trading platforms amounts of the liquefied oil gas over and above the plan of delivery.

36-2. In the cases specified in Item 36-1 of these rules within 3 (three) consecutive working days, since 10 (tenth) on which the delivery plan is created 3 (three) additional trading sessions, single for all sellers of the liquefied oil gas, on which each seller exposes all amount of the liquefied oil gas necessary for execution of the delivery plan by it, since the first additional trading session are held. At the same time the region of delivery determines the territory of the Republic of Kazakhstan, and the basic price for each additional trading session is established according to the procedure, stipulated in Item 36 these rules.

36-3. When holding additional trading sessions sellers of the liquefied oil gas, since the first additional trading session, expose on the electronic biddings all amount of the liquefied oil gas necessary for execution of the delivery plan by them.

36-4. No. 420 is excluded according to the Order of the Minister of Energy of the Republic of Kazakhstan of 30.12.2021

37. Results of the biddings with indication of the parties and amounts of the concluded bargains no later than the working day following trading day are published on own Internet resource of the organizer of the biddings and loaded into information system of authorized body.

38. The refusal of the bargain concluded at the electronic biddings is allowed only in the cases provided by the civil legislation of the Republic of Kazakhstan.

39. The unique code for accounting and storage of information is assigned for each request and the transaction. Information on transactions and requests is stored in electronic trading platform on electronic media.

Paragraph 2. Sales and other charges

40. Bidders pay to the organizer of the biddings sales charges according to the bargains concluded by them. The size of the commission is determined percentage of the size of the transaction and established by the organizer of the biddings in identical size for each party of the transaction.

The organizer of the biddings establishes charges from bidders for their admission to trading.

Paragraph 3. Conditions and procedure for suspension and renewal of the electronic biddings

41. In cases of emergence of the technical failures in electronic trading platform making impossible continuation of rendering the services connected with the organization electronic trade the organizer of the biddings fixes the fact and time of technical failure in the magazine of technical failures, stops rendering services and without delay takes the measures directed on:

1) identification and elimination of the reasons which entailed the technical malfunctions excluding possibility of participation in the procedure of the electronic biddings at least of one participant and/or excluding technical capability to carry out servicing of carrying out the electronic biddings to workers of the organizer of the biddings;

2) elimination of technical effects of failure;

3) ensuring safety of information which is in electronic trading platform and recovery of information lost as a result of technical failure.

42. In case of detection of failure in electronic trading platform the organizer of the biddings makes the decision on temporary suspension of the biddings what participants of the electronic biddings are informed with use of technical capabilities of electronic trading platform or other available method on. After maintenance of electronic trading platform the biddings are resumed.

43. If it is not possible to recover operability of electronic trading platform during the trading session, the organizer of the biddings makes the decision on early termination of the biddings. This decision is brought to the attention of all participants of the electronic biddings with use of electronic trading platform or other available method.

Paragraph 4. Procedure of payment under the bargains concluded at the electronic biddings and execution of transactions

44. Calculations of participants of the electronic biddings with the organizer of the biddings are made in compliance by the service provision agreement on carrying out the electronic biddings.

45. The possibility of one or several methods of payment under the bargains concluded on electronic trading platform is allowed.

46. Execution of the bargains concluded on electronic trading platform is performed with the assistance of the clearing organization servicing electronic trading platform or without such participation.

47. The bargain at the electronic biddings is concluded based on two registered multidirectional requests which full or partial compliance is each other established and fixed in electronic trading platform. At the same time multidirectional requests are requests, the containing passers on the relation to each other of declaration of will on the conclusion of the transaction.

48. The transaction is considered concluded at the electronic biddings at the time of fixing by the organizer of the biddings of compliance of multidirectional requests each other by introduction of record about the conclusion of the corresponding transaction in electronic trading platform.

49. In electronic trading platform the transaction certificate (the report on the transaction) which is the electronic document confirming the conclusion with the parties of the transaction, signed by the digital signature the authorized officer of electronic trading platform is automatically created. On separate request of the bidder the organizer of the biddings provides the paper version of the electronic document certified by the organizer of the biddings.

50. Information on the concluded bargain is stored in databases of electronic trading platform and is available to the bidders who concluded this bargain.

51. Information on the transaction (except for the anonymous price and quantity characteristics used for statistics and market research) is trade secret and is not subject to disclosure or transfer to the third parties without special permission of the parties of the transaction on that, except as specified transfers of information to authorized body necessary for realization of the functions assigned to it, and other cases provided by the laws of the Republic of Kazakhstan.

Appendix

to Rules of the organization and tendering by the liquefied oil gas through electronic trading platforms

Requirements to electronic trading platforms

1. The electronic trading platform incorporates the automated register of events on trading sessions (further - the log) registering content of the next events and data:

1) opening of the biddings;

2) closing of the biddings;

3) identification of the bidder;

4) time of login of the bidder;

5) time of leaving the system of the bidder;

6) time of drawing of the request by the bidder;

7) time of removal of the request by the bidder;

8) time of change of the request by the bidder;

9) time of transaction by the bidder;

10) name of asset;

11) quantity of asset in the request;

12) quantity of lots;

13) asset price.

Fixing time format - year, month, day, hour, minute, second (with accuracy at least to 0,1 of second).

2. Integration of electronic trading platform with information system of authorized body is performed according to the Rules of integration of objects of informatization of "the electronic government" approved by the order of the acting minister of information and communications of the Republic of Kazakhstan of March 29, 2018 No. 123 (it is registered in the Register of state registration of regulatory legal acts for No. 16777).

"3. The following requirements are imposed to the software of electronic trading platform:

1) the electronic trading platform shall be integrated with information system of authorized body and transfer daily to such system of the data, specified in the Log, and also the Passports of transactions signed by the digital signature the authorized officer of electronic trading platform;

2) the electronic trading platform provides automation of process of the conclusion of transactions, and also collection, storage, processing and disclosure of information;

3) in order to avoid total or partial loss of information and violation of integrity of databases, the software of electronic trading platform is under construction so that processing of mistakes of the user, the mistakes arising in case of technical failures and database errors with issue of messages to the user in which the subsequent actions are described was provided;

4) in software of electronic trading platform there is module of control of work of programs providing such functions as:

identification (identification), authentication (authenticity confirmation) and authorization (assignment of powers) of the user;

access control to resources of electronic trading platform;

registration and the analysis of the events happening in electronic trading platform;

control of integrity of resources of electronic trading platform;

5) the software of electronic trading platform does not allow to make changes to the output data created by results of the biddings;

6) the electronic trading platform provides maintaining the assigned number of the carried-out transaction unique automatically in the log;

7) the electronic trading platform provides strict compliance of the report on the held electronic auction to contents of the log;

8) the electronic trading platform provides remote access to authorized body:

to monitoring of the biddings in real time by means of the viewing terminal providing monitoring the auction, drawing of requests and transactions;

to the results of the biddings which underwent preprocessing and systematization by producers and regions of delivery (including in graphical type) – no later than the working day following trading day;

9) the electronic trading platform provides immediate placement of the applications of bidders submitted according to these rules.

4. The following requirements are imposed to the hardware of electronic trading platform:

1) the server and the communication equipment provide the performance sufficient for providing regulations of works;

2) scalability - possibility of processing of the growing information amounts.

5. Organizational engineering requirements to electronic trading platform include the following parameters:

1) each participant of the electronic biddings has the equal rights and access to electronic trading platform. The number of participants is not limited to performance or hardware-software characteristics of electronic trading platform;

2) the technical centers of electronic trading platform are equipped with alternative channels of communication and the reserve power supply ensuring smooth operation of electronic trading platform.

6. The electronic trading platform shall conform to requirements of information security, according to the legislation of the Republic of Kazakhstan on informatization.

 

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