About Subsurface Sites, Right Of Use Which Can Be Granted On Conditions Of Production (Jalamo-Samurskom And Central Looking Sites)

Original Language Title: Об участках недр, право пользования которыми может быть предоставлено на условиях раздела продукции (Яламо-Самурском и Центральном перспективных участках)

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
RUSSIAN FEDERATION FEDERAL LAW About subsoil areas that can be granted under product division (Yamal-Samursk and Central) Prospective sites) Adopted by the State Duma on 27 June 2002 Approved by the Federation Council on 10 July 2002 Article 1. Take the Yamam-Samursky and the Central Prospective Sites of the Caspian Sea to the facilities for which the right of use can be granted under the terms of the production section. Article 2. The objects referred to in article 1 of this Federal Law refer to the list of subsoil areas, including mineral deposits, for which, starting from the date of the entry into force of this Federal Act, Negotiations can be conducted and agreements on prospecting, exploration and production of mineral commodities under the terms of the product may be negotiated. Article 3. In order to ensure the interests of the Russian Federation in the exploitation of the subsoil of the Caspian Sea, to allow, on an exceptional basis, to conclude agreements on prospecting, exploration and extraction of mineral raw materials under the conditions of the section of products with the user of mineral resources, On the day of the entry into force of this Federal Law of Licenses for the Geological Study of the Subsoil Sites referred to in Article 1 of this Federal Law, subject to the implementation of the mineral exploration area by the user until 1 January 2006 work according to the requirements of the specified licenses. Article 4. This law shall enter into force on the date of its official publication. President of the Russian Federation Vladimir Putin Moscow, Kremlin 25 July 2002 N 118-FZ