MADDE 19- An agent or operation is defined as a single reservoir. The government is obligated to pay a state stake in the amount of daily production that is determined by the number of days of the net production divided by the number of days of the net production from the oil produced from the production market. The state shares are in proportion to the following:

In the Blackout:

  Raw oil production in Doðal gas production

       (Varil/Day)                                                                 (M³/Day)

Seas:

  Raw oil production in Doðal gas production

       (Varil/Day)                                                                    (M³/Day)

Water depth; 5%, 501 to 1000 meters from the production from the sites between 0 meters and 500 meters From the production of 10%, 1001 meters to 1500 meters, the production from the field is 20%, less than 30% of the production from the field, and less than 30% of the production.

25% of the additional production to be obtained by means of increasing production to be accepted by the General Directorate is less of a State share.

An oil-to-state stock used in oil business related to search or execution. Not available.

The oil producer's state stake is calculated at the price of the well. The state and its stake are based on the statements of the concerned, and the General Directorate is paid in the tax office where they are located. The General Directorate is authorized to make the state about the State of the State and the state of which the state and its stock are not declared, or if it is incomplete, based on different evidence or legal measures, and to make a sense of the State and the state. The objection to the Secretary of State's interest in the Minister's office will stop the conflict from the conflict. After the Minister's decision is made to the parties, this decision will be made available to the General Manager for the amount of information to be collected. The state of the state and its share of the declared state is 100% phaseout. The state and its share of the state will be scheduled to follow in the five years following the relevant calendar year, unless they were found to be in the field of tarh and the law. It is determined by the regulations of the state and its shares, which belong to the agricultural, tarah, tahakkuk, payment of the country, and the state and the time.

will open the province's private administration of the province in which 50% of the state's ownership is licensed to be registered. to an account.

Surface and water rights

MADDE 20- Permission to search, search, or service license, cover It does not breach the property of the land or the bells of the land or the rights of the oil mines in this land, or any other rights to be established.

An oil-right owner; use of land required for search or oil in or around the vicinity of oil to rent, rent or use the property and to obtain the right to rent, race or use the property and the provision of the State and the Ministry of Finance under the provision and savings of the State of the Union. It can be saved by recording. If the right to use is more than three years old, the private property may be requested by the owner of the land, land owner or owner of the oil.

The public benefit decision is given to the Directorate General upon request. The work is made under the provisions of the 2942-numbered Law of Public Opinion. According to the provisions of Article 27 of the Code of the Same Law, it may be rushed to the public. The ownership of the nationalized land belongs to the owner of the oil, which pays the price for the use of the Treasury, the right to use. In this case, The Ministry of Finance is about to be granted the right to an oil-right owner, and the right of the license is to be held. Use within the framework of the provisions of this clause continues for the duration of the license as part of the license to search and process the rights of the use.

Oil owner, land or facilities on the land that is entitled to use for oil operations, and It is obligated to fully compensate for the damage done to real estate or facilities in the vicinity. The right to compensation from this is due to the right of the right to the right of verbs.

THIRD PART

Abandon, Get on the field and remove facilities

Terk, adding additional and facilities to the field

MADDE 21- Oil owner, investigation permit, and search license At least one month in advance, the operating license can be abandoned or completely abandoned by meeting the General Director for at least three months in advance and, if applicable, the public installation of the field. Rights granted by a search or execution license expire in the history of the abandoned part of the city. But for the sake of the whole, the program is exactly the same as the one that doesn't leave the program. For a fully abandoned search license, consider the current and financial services program that has been granted, and the amount at 2% of the unfulfilled activity is recorded. If the oil-rights owner has fulfilled the obligations of this date, the responsibilities expire.

The General Directorate is searching, in the context of the actions that this Law has put in the view of the percentage of this Law. It can be made to the fields. In this case, a new minimum push program is requested, in addition to the current program.

FOURTH PART

Transferns with Taxation, Israel, and Israel

Taxation

MADDE 22- The oil-rights owners have the right to And the taxes and the income tax cut that they have to do with their shareholders, they don't get 40 percent of the time. In accordance with the Dar-payer basis, the provisions of this Law will be subject to the price of oil exploration activities, dated 13/6/2006 and 5% according to the 30th article of the Corporate Tax Code of the Corporate Tax Code of 5520. In this Law, the activities of oil-related owners of oil-related activities, which are in general provisions along with the oil operations in general, are taxed separately from the activities of the other.

The main activities are two or more oil-rights owners, based on this Law, one of which is an oil-related. Even if they were partners, they'd be tax-free.

The owner of the oil right, except for the state share, is teemable to the oil work. They come from production that is in the coming capital, from the current currency to the back of the capital, and for domestic companies, the tax will be charged according to the Tax Procedural Law until the amount of time it is made to be pushed. The rule applies to the amount of foreign currency imported in foreign currency in the past year, according to the Law 6326, but still the remaining amounts due to the actual transfer of the capital.

Depletion share; search expenses, drilling, by importing the oil-right owner into the capital account expenses and the non-economic wells from the production balance are collected and will be allocated to the General Directorate with the Ministry of Finance, to be separate for each field, including the 316 clause provision of the Tax-Usul Code. It's being pushed through the ratios. However, the cost and track of the amount of oil allocated from the oil production of a patient is reduced from the amount of depletion of oil that is lost by the owner of the oil business at the time of the end of the oil process.

Search expenses that are capitalized by the oil-right owner include drilling, expenses, and production maintenance. The cost of an economic deficit and the cost of the cost of economic deiraforming costs and the costs of the installation of the plumbing on which it is due, will be pushed through the depreciation path, and the depreciation rates to be applied to the cost of the cost of the depreciation. to consider the situation to be determined separately by the Minister of Finance.

United States exports and exports

MADDE 23- A representative or a representative of an oil-right owner or A contractor who is accepted to the General Manager, he has his own name, The construction of the building facilities and equipment for the oil company in Turkey will be used in oil companies except for the construction, installation and construction of the equipment, and the General Directorate approved the approved material, equipment, fuel and land, the sea, the import of air transmission, or the import from abroad, any tax, levy, exemption, except for the special excise tax, with the exception of the special excise tax, but the Council of Ministers will be able to compete with imported materials. A list containing the names of substances produced in Turkey in nature and quantity in Turkey It may also be able to identify and identify which of the items being imported as exempt from customs in this list are subject to customs duty and other imported taxes and pictures. The lists will be effective in the date of publication in the Official Gazette. However, for petitions issued to the General Manager before the date of publication of the list, the items that are requested will benefit from the exemption if they are imported within a year from the date of the date the list is entered.

Materials that are eligible for use of the General Directorate to use oil-related owners in oil The Turkish Standards Institute (TSE) is not sought for compliance deification.

The customs and other imported taxes and images of the imported tax and any taxes included in the above border. The levy and levy exemption will continue in the state with the permission of the General Directorate to the owner of an oil-related owner of this material to be used in the oil process. If the materials are transferred to Turkey to be used or sold within a non-petroleum operating path, then the tax, levy, and allowance of the tax, levy, and allowance in effect in effect on the date of the handover is held. Excluding supplies with less than one year of economic life, the transfer of other materials over the transfer of power, turnover and export of other materials will be made over the decision of the decision.

The material imported from customs and other imported taxes and images, from the date of entry to Turkey Over ten years, the owner of the imported or inheriting oil has the right to all kinds of savings, exempt from customs and other imported taxes and pictures on the material.

Transferns

MADDE 24- An oil-right owner, Undersecretary of Treasury, and General The government has rights and capital of its rights, excluding any tax, levy, levy, State and State shares that should be paid but not yet paid, except for the amount of money required to pay for the money. including the ones that cash their value, or the same, the tax He can be excused.

Oil-rights owners can always request transfers to their capital. After the transfer of the capital is completed, the net will be transferred at the end of a period of three months at the end of the current period. Returns the transfer statement following the data of the corporate tax statement for the Mahsup impositions.

Oil-rights owner may retain the same tattoo from oil that it has exported. This exchange amount is to be embarrassed by the transfer of the net worth of precious capital to Turkey with the imported capital.

DIVISION OF THE FEBRUARY

Rfx and Mübobir Caseers

How to play a foreign staff

MADDE 25- An oil-right owner is the foreigner required for the oil staff, with the appropriate view and permission of the General Directorate, may be able to steal from 27/2/2003 dated and 4817 to the provisions of the Code of Foreigners, which are dated 27/2/2003.

People are Turkish, including 25% of the number of foreigners they employ. In order to ensure that the citizens (excluding the state officers) of the oil business are deemed to be eligible to gain residency in every phase of oil, I have the opportunity and internship in Turkey's primary and professional institutions, as well as the General Directorate, to be considered suitable for the public. They can get them to see if they're going to pay for it. Those who claim to be involved in this surcharge and internships are not related to the oil-related service or the owner of the oil-related service.

M&en reasons

MADDE 26- Doðal disasters, harp, riot, strike, lockout, and social events will delay the rights and responsibilities of the oil-right owner in the ratio of the effects of the oil action.

SIXTH SECTION

Monetary Penalties, Economic Measures, and Transit Pipes Lines

Military fines

MADDE 27- The verbs that are banned according to this Law are more than if it does not require it, it will be fined for administrative fines according to the provisions of this clause. Each year, these penalties are applied by increasing the number of redeeming rates, which are determined by the Tax Procedure Code of 213, as per the previous year. Administrative fines collected during the month will be charged to the Treasury to be registered until the end of the twentieth day. According to this Law, the implementation of the administrative fines or administrative sanctions does not prevent the implementation of the other provisions of this Law. According to this Law, the punishment and measures against the law do not prevent the actions that will be made.

The liability of legal entities in the civil monetary penalties is 6762 according to the 65th article of the Turkish Commercial Code. on the server.

It is paid within thirty days from the date on which they are charged with monetary fines. The provisions of the 5326 Code of Kashmir are imposed on the right to pay fines. Any administrative fines that are committed and not paid in duration are collected in accordance with the provisions of the Law on the Evacuation Order of 6183 and Amme Paylarn.

According to this Code, the search warrants 100 000 YTL without obtaining a warrant and registration, and the search is not available to the They are fined 250 000 YTL, for those who are doing oil in the process of operating a license or registration of the license. These fikra provisions are not applied to the people deployed by the Ministry of National Defense and the Ministry of National Defense to conduct scientific research with the Turkish Ministry of Defence.

If the General Directorate determines that dangerous verb is made in an oil process or in relation to this action, The oil holder is fined 350 000 YTL, and the oil process is stopped. During the period when the General Directorate was versed to prevent dangerous verbs, if the dangerous verb does not prevent, then 50 000 YTL of administrative fines apply for each passing day, and the General Directorate is entitled to the cost of the oil. to belong to its owner, it will take dangerous de-facto preventative measures, repair and compensate for the damage. For this purpose, the guarantee is primarily used in the seventh chapter of the 4th Article. The usage of the collateral will be completed within thirty days of the oil-right owner. If the guarantee is not enough, the remaining amount will be collected from the oil-right owner within ten days. If a significant and unrepair damage or damage caused by the dangerous verb is determined by the General Directorate, the owner of the oil is 500 000 YTL of administrative fines.

The use of this Code is to use or do not do the task of an officer of the General Manager Those who are obstruct will apply an administrative penalty of 50 000 YTL.

Law, regulation, and other regulatory information, and twice in a calendar year of information and documents if not complete in time, the oil holder will be fined 10 000 YTL for administrative fines. A maximum of 10 000 YTL is applied for each repeat after more than two occurrences of the calendar year. According to this Law, the people who are in real statements are punished with a fine of 50 000 YTL.

Israeli measures

MADDE 28- The oil owner is entitled to this Law, administer, and search for if it does not comply with any of the software's licenses in the search license or execution license, it is notified that it will comply with the country during the 90 days period and will be notified of any oil-related availability. In the end of the 90-day period, additional time is required to allow the owner of the oil to be eligible for additional periods, or the oil will be annulled, or the oil will be annulled.

Transit pipelines

MADDE 29- Raw oil or gas is a source of the country. It is permitted by the Council of Ministers on the terms specified in Article 17 of this Law to establish transit through Turkey or to establish a pipeline that will provide the arrival of Turkey through the country's transit. The rights and allowances of the permissions granted in this scope are relevant to the relevant provisions of this Law. A decision on the implementation of this material on the basis of this matter is entitled to the Ministry of the Ministry.

LANGUAGE SECTION

Deviations Made in the Bazal Kouns

MADDE 30- dated 19/4/1926, and 815 in the Turkish Saas The 4th article "(excluding oil exploration and production activities)" is about to come after the 3rd article of the Law on the Right of Transport and Trade, and to the Third Amendment of the Law on the Right of Trade and Trade. " After the "ecnebi test ships" clause. The phrase "and oil exploration and production activities used in oil exploration and production activities" is added.

MADDE 31- dated 7/3/1954 and the 18 pearls of the 6326-numbered Oil Act The phrase "inspection board and muffler", which is included in the second phase of its article, will remove the clause from the matter text.

MADDE 32- dated 1/7/1964 and attached to a Stamp Tax Code of 488 (2) the number of "IV-Commerce and Civilization-Related Nightmares" is added to the chapter in which the number (2) is added.

" 36. Commitments to oil exploration and production activities of oil-right owners in the scope of Turkish Petroleum Law. "

" 8. (II) the property in the list of 8701.20, 87.04, 87.05, and 87.09 G.T.A.P.S. is the first power to be used for the exclusive oil exploration activity, ''

MADDE 34- dated 4/12/2003 and $5015 Oil-Market the additional item in the following is added.

" Biodiesel

SUPPLEMENTAL ARTICLE 2-Biodiesel manufacturers according to the quality standards set in the regulation to be made by EPDK They receive production licenses and production licenses for production, without charge, in order to produce production, without charge. Quality controls are made or done by the EPDK.

Refinery and reps operating in the oil market, using fully domestic farm products They can blend the biodiesel producers with biodiesel fuel at a minimum of two percent, they can procure from the biodiesel producers. Controls for collation rates are made by the EPDK.

Biodiesel manufacturers each year have the amount of production they can offer to the market for the next year, and every three months. notifies the EPDK for period actualizations.

The biodiesel producers are only the only products of biodiesel produced from domestic agricultural products to make them sell. According to the principles of the 7 nci and 8th of the law, and the year it is able to obtain at least thirty thousand tons of pure biodiesel sales projection, it may take the license and the number of licenses. Technical and economic development of the media and media licenses are determined by the EPDK.

The 19th (a) of this Code to those who operate the first, second, and fourth fives of this Article The provisions of this Law are the provisions of the bendi, and the provisions of the same clause (b) and the provisions of this Law. "

 MADDE 35- 5015 (5) of the 2 nci (5) of the Oil-Market Law (7) and (44) have been added to other numbers, and the items on the item are added to the item.

" 5) Fuel: Gasoline types, nafta (except raw material, solvent nafta), gas, jet burn, engine types, biodiesel, fuel-oil types and other products determined by the Institution,

7) Products Blended with Akarakarıtıl: Metil tersizer butl ether (MTBE), denaturoe bioethanol, biodiesel and so on the products that are tax-related and will be subject to the stream,

44) Product: Product or intermediate product obtained by physical or chemical iaction, refining, or other methods hydrocarbons, "

" 45) Biodiesel: herbal and animal licks to be used by blending with or by toryside. or vegetative and animal-horse acid-derived acid esterces, which are derived from the spread of the plant,

46) Bioethanol: A variety of celluloid plants, all kinds of cellulosic sources, for blending with arakyıyut. and biomass at the same time as the subject of denaural ethyl alcohol produced from the drop and increase of biomass, "

SECTION OF THE SECOND SECTION

Transitional and Recent Provitions

Ordinance

MADDE 36- The implementation of the provisions of this Law and the The guidelines are regulated by the regulations to be issued by the Directorate General. The regulations will be issued within six months from the date this Law is entered.

Current regulatory and attrs