Majilis Accepted Amendments on Subsoil Issues for Consideration

The novelties include establishment of terms for subsoil users to remove the violations identified.

Today Majilis (Parliament Lower Chamber) accepted amendments on subsoil use issues for consideration at its plenary session chaired by the Chamber Speaker Nurlan Nigmatullin, Majilis press-service informed.

As Alexander Milutin, the Chair of the Chamber Committee on Environment and Subsoil Use explained speaking to the Chamber, it is planned to introduce competitive bidding to identify potential subsoil-user. First Come First Got principle is expected to be introduced within the institute of direct negotiations on subsoil use right provision, identification of the procedures to extend the contracted territories.

Proposed novelties include establishment of terms for subsoil users to remove the violations, and competences of the Republic of Kazakhstan Ministry of Oil and Gas to make protocols and (or) consideration and imposition of administrative charges in subsoil use area.

JSC «National exploration company «Kazgeology»