Document from CIS Legislation database © 2003-2025 SojuzPravoInform LLC

RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of April 4, 2020 No. PP-4664

About first-priority measures for increase in financial stability of oil and gas industry

(as amended of the Presidential decree of the Republic of Uzbekistan of 21.08.2021 No. UP-6280)

[Extraction]

For the purpose of ensuring complete requirements satisfaction of economy and the population of the republic in energy resources, financial improvement of the oil and gas companies, and also creating favorable conditions for development of healthy competitive environment in industry on the basis of the commonly accepted international standards and the best foreign the practician:

1. To Department of Energy together with the Ministry of Economic Development and reducings poverty, the Ministry of Finance, the Ministry of investments and foreign trade, the Antimonopoly Committee, Agency on management of the state assets (further - the Agency) till September 1, 2020 to bring in the Cabinet of Ministers of the Republic of Uzbekistan with involvement of experts of the World Bank and Asian Development Bank:

The master plan of the development program of gas-transport system till 2030;

the offer on creation of the wholesale market of the electric power and natural gas on the basis of the exchange biddings, having provided equal access to all participants and the transparent mechanism of pricing.

2. To the agency together with the Department of Energy and the Ministry of Finance of the Republic of Uzbekistan:

a) with involvement of internationally acknowledged consulting and audit companies:

till July 1, 2020 together with the relevant departments to develop and approve "Road map" on improvement of operating efficiency of the companies of oil and gas industry;

till October 1, 2020 to provide implementation at all companies of oil and gas industry of the anti-corruption komplayens-control system;

b) till June 1, 2020 to make in the Cabinet of Ministers offers on hiring of highly skilled foreign experts and specialists, including compatriots abroad, on the companies of oil and gas industry with indication of methods of their selection, qualification requirements, functional obligations, terms of attraction and the amount of compensation.

Document in demo-mode!

Full text is available after subscription.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.