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I.O'S ORDER. MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of May 26, 2022 No. 189

About introduction of amendments to the order of the Minister of Energy of the Republic of Kazakhstan of May 5, 2018 No. 160 "About approval of Rules of monitoring of accomplishment by subsoil users of contract obligations on subsurface use"

I ORDER:

1. Bring in the order of the Minister of Energy of the Republic of Kazakhstan of May 5, 2018 No. 160 "About approval of Rules of monitoring of accomplishment by subsoil users of contract obligations on subsurface use" (it is registered in the Register of state registration of regulatory legal acts for No. 16948) the following changes:

state preamble in the following edition:

"According to Item 2 of article 66 of the Code of the Republic of Kazakhstan "About subsoil and subsurface use" I ORDER:";

in Rules of monitoring of accomplishment by subsoil users of the contract obligations on subsurface use approved by the specified order:

state Item 1 in the following edition:

"1. These rules of monitoring of accomplishment by subsoil users of contract obligations on subsurface use (further – Rules) are developed according to Item 2 of article 66 of the Code of the Republic of Kazakhstan "About subsoil and subsurface use" (further – the Code) and determine procedure for monitoring of accomplishment by subsoil users of contract obligations on exploration and production or hydrocarbon production, and also uranium production (further – the contract for subsurface use).";

state Item 3 in the following edition:

"3. The analysis of the reports provided by subsoil users is performed by competent authority within 30 (thirty) working days.

By results of the carried-out analysis of reports, till 1 on the (first) of April, following the accounting period to subsoil users the notification on accomplishment of the financial liabilities established by the contract for subsurface use, less than for thirty percent for accounting year according to the subitem 1) of Item 2 of article 133 of the Code goes.

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