RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of December 19, 2005 No. 7666

About abolition of the State trade corporation "Turkmenneftegaz", questions of Head department of Turkmennebitonumleri

For the purpose of enhancement of structure and management of oil and gas complex of Turkmenistan, increase in level of security with oil products of the companies and the population of the country according to the National program "The Strategy of Economic, Political and Cultural Development of Turkmenistan for the Period till 2020" I decide:

1. Abolish the State trade corporation "Turkmenneftegaz".

2. Transfer in accordance with the established procedure to the jurisdiction:

The ministries of the oil and gas industry and mineral resources of Turkmenistan - Head department of Turkmennebitonumleri of the abolished State trade corporation "Turkmenneftegaz" as the independent legal entity;

Turmengaz state concern - The Combining "Turkmengazosnabzheniye", Merging of Turkmentransgaz and Management of gas-technical supervision of the abolished State trade corporation "Turkmenneftegaz" as independent legal entities;

Head department of Turkmennebitonumleri - Service on control of use of oil products of the abolished State trade corporation "Turkmenneftegaz";

Nebitgazkhyzmat joint-stock company - Service on operation of the Exhibition center in Ashgabat and the State company for production of agricultural products of the abolished State trade corporation "Turkmenneftegaz".

3. Assign to Head department of Turmennebitonumleri of function on providing the population, the companies and organizations of Turkmenistan with oil products and control of their use.

4. Abolish in accordance with the established procedure Management of material resources and picking of the abolished State trade corporation "Turkmenneftegaz", having created on its technological Management of Logistics base with the status of the legal entity as a part of State concern "Turkmenneftegazstroy''.

5. Determine that:

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