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PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of March 17, 2016 No. 851

About modification of the Presidential decree of the Azerbaijan Republic "About enhancement of structure of the State Oil Company of Azerbaijan Republic" of January 24, 2003 No. 844

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, I decide:

1. Make the following changes to the "Charter of the State Oil Company of Azerbaijan Republic" approved by the Presidential decree of the Azerbaijan Republic of January 24, 2003 No. 844 (Collection of the legislation of the Azerbaijan Republic, 2003, No. 1, Article 36; 2004, No. 9, Article 681; 2005, No. 2, Article 73, No. 12, Article 1109; 2006, No. 7, Article 590, No. 9, Article 736; 2007, No. 3, Article 219, No. 12, Article 1244; 2009, No. 7, Article 529, No. 10, Article 777; 2010, No. 4, Article 298, No. 7, Article 610; 2011, No. 9, Article 789, No. 11, Article 1011; 2014, No. 2, Article 119, No. 12, Articles 1582, 1584; The Presidential decree of the Azerbaijan Republic of February 26, 2016 No. 804):

1.1. in Item 5.1 of the word "senior vice president of the Company, senior vice president of the Company-on of geology, to geophysics and development of fields" shall be replaced with words "senior vice presidents of the Company, the senior vice president - the vice-president for questions of geology and geophysics - to development of fields";

1.2. in Items 5. 5.3 and 5.6 words to "production and transportation" shall be replaced with words 1, to "questions of transportation and gas economy";

1.3. in the Items 5.3 and 5.6 "the senior vice president, the first vice-president-on geology, geophysics and development of fields" shall be replaced with words "senior vice presidents, the vice-president - concerning geology and geophysics, the vice-president - on development of fields";

1.4. in the fifth offer of Item 5.8 of the word "the president of the Company (in the absence of the president of the Company - the senior vice president of the Company)" shall be replaced with words "The chairman of the board or other member of council replacing it".

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