Article 16. Regulation of relations related to associated gas The Law on Gas and Gas Supply

Home / Laws / Article 16. Regulation of relations related to associated gas The Law on Gas and Gas Supply

1. Associated gas is owned by the state.:

1) extracted by a subsurface user and owned by the Republic of Kazakhstan in accordance with the legislation of the Republic of Kazakhstan on subsurface resources and subsurface use;

2) transferred by subsurface users to the ownership of the state under previously concluded subsurface use contracts, which provide for the ownership of the subsurface user for the extracted associated gas.

2. By a decision of the authorized body, the associated gas specified in paragraph 1 of this article is transferred in certain volumes in accordance with the procedure and on the terms established by the authorized body to the ownership of the attracted investor on the basis of an agreement concluded within the framework of a partnership in the field of gas and gas supply.

3. Subsurface users producing commercial and (or) liquefied petroleum gas from associated gas owned by the Republic of Kazakhstan in accordance with the legislation of the Republic of Kazakhstan on subsoil and subsurface use, by decision of the authorized body, transfer commercial gas to the national operator or commercial and (or) liquefied petroleum gas to the attracted investor for further use within the framework of partnership in the field of gas and gas supply at a price agreed upon by the parties.

4. An agreement concluded by an investor with an authorized body within the framework of a partnership in the field of gas and gas supply must contain, among other things, the following conditions:

1) processing of associated gas into commercial, liquefied petroleum and (or) liquefied natural gas;

2) the supply of certain volumes of produced commercial, liquefied petroleum and (or) liquefied natural gas to meet, as a matter of priority, the internal needs of the Republic of Kazakhstan, taking into account the general scheme of gasification of the Republic of Kazakhstan.

The Law of the Republic of Kazakhstan dated January 9, 2012 No. 532-IV.

This Law defines the legal, economic and organizational bases for regulating public relations in the field of gas and gas supply in the Republic of Kazakhstan and is aimed at creating conditions for meeting the domestic gas needs of the Republic of Kazakhstan, as well as for efficient, reliable and safe operation of gas supply facilities.

President

Republic of Kazakhstan

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases