ORDER OF THE MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN

of October 6, 2025 No. 374-n/k

About introduction of amendments to the order of the Minister of Energy of the Republic of Kazakhstan of June 11, 2018 No. 233 "About approval of standard contracts on subsurface use" and the order of the acting minister of power industry of the Republic of Kazakhstan of July 30, 2020 No. 269 "About approval of Rules of holding the auction with use of object of informatization of the operator of electronic auctions on provision of the right of subsurface use on hydrocarbons electronically"

I ORDER:

1. Bring in the order of the Minister of Energy of the Republic of Kazakhstan of June 11, 2018 No. 233 "About approval of standard contracts on subsurface use" (it is registered in the Register of state registration of regulatory legal acts at No. 17140) the following changes:

3) of Item 1 of the order to exclude the subitem;

in the Standard contract on exploration and production of hydrocarbons approved by the specified order:

be reworded as follows Item 23-1:

"23-1. The subsoil user performing hydrocarbon production on the exhausted field shall fulfill the investment obligation in development of such exhausted field and (or) additional financing of social and economic development of the region according to the procedure, established by the subitem 3) of Item 22 of the Contract, in the amount of at least amount, calculated as the work of coefficient of the investment established according to article 153-1 of the Code and the amount of gross annual income on such field estimated according to the technique of conducting separate tax accounting of the subsoil user approved in tax accounting policy according to article 757 of the Tax Code of the Republic of Kazakhstan following the results of previous year.

Note: Item 23-1 joins in the Contract in case of introduction of amendments to the Contract in connection with reference of the field (fields) to category exhausted according to article 153-1 of the Code.";

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