RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of March 10, 2007 No. RR-8421

About creation of the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan

For the purpose of further enhancement of management of oil and gas complex of Turkmenistan, successful realization of tasks on the accelerated development of hydrocarbonic resources of the Turkmen part of the Caspian Sea in the 21st century - the Golden Age of the Turkmen people according to the National program "The Strategy of Economic, Political and Cultural Development of Turkmenistan for the Period till 2020" and the Development program of the oil and gas industry of Turkmenistan for the period till 2030, and in pursuance of the Law of Turkmenistan "About hydrocarbonic resources" I decide:

1. Form the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan.

2. Approve enclosed:

Regulations on the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan;

structure and the staff list of executive directorate of the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan;

structure of Council of the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan.

3. To the ministry of the oil and gas industry and mineral resources of Turkmenistan to transfer to week time in accordance with the established procedure to the State agency on management and use of hydrocarbonic resources in case of the President of Turkmenistan property and documentation of Turkmenistan abolished by the resolution the President from 2 Rukhnam by 2005 No. 7507 of Competent authority on use of hydrocarbonic resources in case of the President of Turkmenistan.

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