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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of January 16, 2007 No. PP-567

About measures for conducting exploration works, development of fields and hydrocarbon production in Southwest Gissar's territories and the Ustyurt region of the Republic of Uzbekistan

(as amended on 05-02-2021)

For the purpose of increase in natural gas production and liquid hydrocarbons and attraction of direct foreign investments and special advanced technologies for effective geological exploration, development and arrangement of the reconnoitered and developed fields, and also hydrocarbon production in Southwest Gissar's territories and the Ustyurt region:

1. Take into consideration that:

the new concept of development of fields of Southwest Gissar taking into account deep conversion of gas on the Shurtansky gas-chemical complex and creation of the shipping terminal is developed for liquid hydrocarbons on the field Dzharkuduk;

The interstate oil company "SoyuzNefteGaz" for the purpose of practical implementation of the Production sharing agreement concerning fields in Southwest Gissar's territories and the Ustyurt region of the Republic of Uzbekistan created the specialized company "SoyuzNefteGaz Vostok Limited" (further - the investor);

according to the decision of Special state commission on development of conditions of use of subsoil plots and consideration of draft agreements on the Section of products of NHK "Uzbekneftegaz" together with the investor the Production sharing agreement concerning fields in Southwest Gissar's territories and the Ustyurt region between the Republic of Uzbekistan and the SoyuzNefteGaz Vostok Limited company is approved and prepared for signing (further - the Agreement);

for the organization of performance of works for the Agreement by the investor the operator in the form of the legal entity - the resident of the Republic of Uzbekistan will be created and registered in the Ministry of Justice (further - the operator);

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