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The Decree 95/2015/nd-Cp: Detailing A Number Of Articles Of The Law Of Oil And Gas

Original Language Title: Nghị định 95/2015/NĐ-CP: Quy định chi tiết một số điều của Luật Dầu khí

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THE GOVERNMENT.
Number: 95 /2015/NĐ-CP
THE SOCIALIST REPUBLIC OF VIETNAM.
Independence-Freedom-Happiness
Hanoi, October 16, 2015

DECREE

Regulation of some of the things L Oh, D Gas.

_________________

Government Law Base December 25, 2001;

Oil Bar Base I'm July 06, 1 993; The amended law, b socket sung some of the provisions of the Law of Oil I'm June 09, 2000; Law amended, supplematone. Stain. the article of the Oil Law on 3 June 2008;

On your proposal. a Minister of Commerce,

The government issued a regulatory decree detailing some of the provisions of the Oil Law kh I'm as follows:

Ch I am

COMMON RULES

Number one. Range i adjust

The decree detailed some of the provisions of the Law of Petroleum Law on 6 July 1993; Law amended, supplematuation of the provisions of the Petroleum Law of 9 June 2000 and the Amendment Law, which added some of the provisions of the Oil Law on 3 June 2008 (the following call) The Joint Petroleum Act) on the implementation of the operation involved in basic investigation; bids for exploration and exploration of oil and gas exploration; search for exploration, mining, oil and gas exploration (including processing, storage, storage, petroleum transport in the area). exploitation to the point of exchange and operations of oil and gas services); cleaning up fixed works, equipment and vehicles serving oil and gas operations. in the land of land territory, the islands, the interior, territorial waters, the territorial waters of the territorial waters, the sovereignty and continental shelf of the sovereign, sovereign rights and the national jurisdiction of Vietnam, were determined by Vietnamese law, the international treaty. The territory borders the Socialist Republic of Vietnam as a member and in accordance with the United Nations Convention on the Law of the Sea in 1982.

Article 2. Subject applies

This decree applies to the organization, the individual who performs the oil and gas operation; the organization, the individual is involved in the oil and gas operation.

Third. G. i Words like words

In this decree, the words below are understood as follows:

1. The contract area is the area defined on the basis of the search for exploration and extraction of oil according to the agreement in the oil and gas contract or the remaining area after the return of the area.

2. The bids are to be held by organizations, individuals or in the registration of the registration bids to participate in the project bid for exploration and extraction of petroleum.

3. Commitment to minimum work and minimum financial commitment is the minimum commitment workload and minimum cost amount corresponding to the minimum commitment work volume that the contractor estimates and is committed to making in each of the small stages of the contract. or the entire search phase in the oil and gas contract.

4. The junction point is the point of agreement in the oil and gas contract where oil is transferred ownership to the parties to the oil and gas contracts.

5. The oil and gas contractor is a collection of two organizations, independent individuals who have become established on the basis of a deal to join the bidding or bid for competition or to only bid to implement the search for exploration and extraction of oil in Vietnam.

6. The development of a mine development is a master plan and approved by the decree of this decree in order to choose the appropriate development (early or all-mine development) methodology that will take into account the expansion of the mine or the area. field (if any) in the future.

7. The early extraction plan is the document set by the contractor and approved by the regulation of this decree to apply the right technology and solutions to collect information about the pavement or the mine or gather information about the exploitation move with the objective of optimization. the development of the mine.

8. The mining plan is a document funded by the contractor and approved by the decree of this decree to conduct construction activities, installation of equipment and mining.

9. The onion gas is hydrocarbon in the gas that is separated during the extraction and processing of crude oil.

10. Plans to clean up the fixed construction work, equipment and vehicles that serve oil and gas operations (later known as the mining plan) are the documentation that includes the relevant content, technical solutions, technology, environment, total cost, progress, and more. It ' s going to clean up the fixed, equipment, and facilities that serve oil and gas.

11. Development of the mine is the preparation and investment of construction, drilling, and installation of equipment to put the mine into oil and gas exploration since it was declared commercially valuable.

12. The rate of gas division is the share of the profit between the host country and the contractor is agreed upon in the oil and gas contract.

Article 4. Database Okay. Oil and gas operations.

1. Organization, Vietnamese and foreign individuals conduct a search for exploration and extraction of oil on the basis of oil contracts or other agreements signed with the Vietnam Petroleum Corporation or with the Government of the Socialist Republic of Vietnam (Vietnam). according to the provisions of the Petroleum Law, this decree and the relevant legal text.

2. The parent company-Vietnam Oil Corporation (later known as the Vietnam Petroleum Corporation) directly conducts research and exploration of oil in accordance with the provisions of this decree.

Chapter II

PROJECT BID FOR EXPLORATION AND EXPLORATION OF NATURAL GAS OIL

Item 1

BATCH ANALYSIS AND FORM OF CONTRACTOR SELECTION

Article 5. Oil and gas distribution

1. Vietnam Oil Corporation studies, building a catalogue of oil and gas shipments or a portfolio of new oil or gas oil shipments, reports the Ministry of Commerce for appraisal, the Prime Minister review, the decision.

The appraisal process, the Prime Minister review, approx the catalog of oil and gas shipments or the new batch of oil that regulates or the new batch of petroleum is carried out by regulation at Article 81 of this decree.

2. Prior to March 31 each year, the Vietnam Petroleum Corporation reported the Ministry of Commerce on the situation of reimbursable the area of the contractors by the regulation of the oil and gas contract and to regulate the actual area of the oil shipments.

Number 6. Form Yeah. Ch. There. n contractor

The form of contractor selection implementation of the search for exploration and extraction of petroleum include:

1. wide bidding.

2. Welcome to compete.

3. Only the bid.

Item 2

WIDE TENDER

Article 7. Wide tender Okay.

The selection of the contractor in the form of extensive bidding is applied on the principle of international competition and does not pass a preliminary step. All organizations, individuals who meet the stipulated conditions at Article 8 of this Decree are part of the bid.

Article 8. -What? Don't n d Well, bid

1. The contractor must meet enough of the following conditions:

a) For the contractor's side, the organization:

-Registered to form, the operation granted under the national law regulation of the contractor in operation;

-It is not in the process of dissolution; it is not concluded that it is in bankruptcy or is not able to repay the debt under the rule of law;

-No time to be banned from the bid.

b) For the contractor side is the individual:

-There is full civilian behavior in accordance with the laws of the country that the individual is a citizen;

-No criminal reprimand.

-No time to be banned from the bid.

c) There is sufficient financial, technical, and professional experience in the field of exploration and exploration of oil and gas exploration;

d) Have been engaged in a minimum of two contracts seeking exploration and extraction of petroleum.

2. The organization, the individual who does not satisfy the condition at the point of Article 1 This Article, wants to participate in the oil and gas operation in Vietnam, must be associated with organizations, individuals who are eligible to form an oil contractor in accordance with the provisions of this decree. In this case, the organization, the qualified individual will serve as a representative for all parties in the name of the oil and gas contractor to participate in the bid and be the operator.

Article 9. Just the bidding.

1. The bidding criteria stated in the bids include:

a) The ratio of the oil to the oil of interest;

b) Commitment to minimum work and minimum financial commitment;

c) The participation rate of the Vietnam Petroleum Corporation or member company of the Vietnam Oil Corporation is designated as a bidder;

d) The rate of expense recovery.

2. Base to the potential of each batch of gas oil, the Prime Minister ' s Department of Commerce review, the decision to add one or some other bidding indicators as the capital burden rate for the Vietnam Petroleum Corporation or the member company of the Vietnam Petroleum Corporation. Nam was appointed to participate as a contractor, signature rose, commission to detect trade, commission of exploitation, document reference fees, training costs, fund contributions to scientific research and development of petroleum technology or similar indicators, and the development of the company. In the filing of a bid.

3. Natural taxes, corporate income tax, crude oil export tax (including condensate) and natural gas, taxes, fees, fees required by law on taxes, fees, fees, and pre-reported in the tender.

Article 10. Qu y A contractor.

The bidding process consists of steps:

1. Set up, appraisal and approve the bidding plan.

2. Invitations to the bid.

3. Register the bids and read the document.

4. Release the bids.

5. Recon bids, bid, and evaluate bids.

6. Judge, approve and announce the result of the contractor selection.

7. Negotiate and complete the oil and gas contract.

8. Approx and sign of the oil and gas contract.

Article 11. Set, appraisal and approve the bidding plan

1. Vietnam Oil Corporation plans to bid, report the Ministry of Commerce to hold the appraisal, the Prime Minister review, the decision.

2. The bidding plan includes the following:

a) Catalogue of bidding and evaluation of the potential preliminary oil of each batch;

b) Time for bidding;

c) The bidding criteria;

d) The method of evaluating the bid.

3. The process of appraisal, the Prime Minister review, approx the bid plan implemented by regulation at Article 81 of this decree.

Article 12. Notification Yeah. A generous bid. i

1. The base of the bidding plan has been approved, the Vietnam Oil Corporation announced the bid. The announcement of the bid was held continuously in the year (05) consecutive number of newspapers per year (05) of daily daily reputable newspapers, including at least one (01) of English-language release on domestic or foreign information networks in Vietnamese and English. The tender announcement may be sent directly to organizations, individuals who are interested in the bids.

2. The request for the bid includes a portfolio of bids; map area maps, bids; documentation time and other relevant information.

Article 13. Registering bids

1. On the bid to submit bids for the Vietnam Oil Corporation. The registration deadline is no more than 45 days, since the last day of the bid announcement.

2. When registering the bid, the contractor has to provide a summary of the financial, technical, and financial capacity certification, and envisage the formation of the oil and gas contractor (if any).

3. The contractor was given a bid for the bid and was entitled to access to documents by the catalogue published in the tender for the bid after the registration of the bid.

Article 14. Profile Yeah. I bid

1. The bidding base for the bid was approved, the Vietnam Oil Corporation prepared bids and issued bids for the bids.

2. The filing of the bids included:

a) The bidding criteria;

b) The requirement for financial, engineering, professional and text experience of the formation of the oil and gas contractor (if any);

c) The method of evaluating bids;

d) Time to conduct the bidding process and other details of the bidding procedure;

Documents, basic information about bids;

e) Request for legal documents: certificate of registration of activity, charter, third fiscal reporting (03) of the nearest year to the organization and proof of the people or passports of the individual and other documents related to the contractor or the individual to the party. in the name of the oil and gas contractor;

g) Guide to the contractor;

h) The sample of oil and gas;

i) Make sure the bid (if any) includes the content of the form, value, and the deadline of the bid guarantee;

l) Other content related to the assessment of the petroleum potential of the batch (if any).

Article 15. Profile Well, bid

1. The bids were established as a (01) original and two (02) copies in Vietnamese or English according to the prescribed bids.

2. The currency used in the bids is the U.S. dollar.

3. On the bid to send bids to the Vietnam Oil Corporation in the deadline is written in the tender invitation filing. The Vietnam Petroleum Corporation is based on the actual situation to stipulate the deadline to send bids but not more than 120 days, since the date of the release of the bids. The tender profile is considered valid when fully responding to the requirements of the tender offer and submit the correct time of regulation.

Article 16. Secure the bid.

1. The bids parties are obliged to submit their bids under the tender invitation filing.

2. The case of making a guarantee of the bid by money, the side of the bid is reimbursable the amount submitted when not in the bid or after the signing of the oil and gas contract.

Article 17. The bid.

1. The opening of the bid must be the correct time in the filing of the bid.

2. The participating bid component includes the Ministry of Commerce, Vietnam Petroleum Corporation and expert members. Representative of the bid was invited to the bid.

Article 18. Secure bids

1. The bids are managed under the rule of the law on the "honey" regime and ensure that it is confidential to keep all the information in the bids during the bidding process.

2. After the time of the bid, the addition of the bid party's document to the bids is not valid unless the additional document case is intended to clarify the bids by the stipulation of this decree.

Article 19. Evaluate bids

The Vietnam Oil Corporation performs the evaluation of the bids by the following regulations:

1. The evaluation of the bids must be based on the bid assessment method has been approved by the Prime Minister in the bid plan. The bid method was not changed during the bidding process.

2. Vietnam Oil Corporation may request the bids to clarify the draft plan by writing.

During the 5-day period of work since receiving the request of the Vietnam Petroleum Corporation, the contractor had an answer text.

The making of the bids is explained only and does not alter the main content of the bids.

3. The evaluation of the bid is conducted over a period of no more than 20 working days since the date of the bid.

4. Vietnam Oil Corporation established a specialist nest to evaluate the bid. The organization is organized by the Vietnam Oil Corporation.

Article 20. Appraisal results

1. In the 15-day period of work since the date of the completion of the bid, the Vietnam Petroleum Corporation presented the bid to evaluate the bid.

The profile consists of the following contents:

a) The filing of the bid;

b) bids;

c) The opening of the bid;

d) The assessment of the bid, the bidding point sheet;

The text of the Vietnam Petroleum Corporation requires that the bids and text of the bid party's reply (if any).

e) petitions;

g) Other documentation (if any).

Vietnam Petroleum Corporation (02) Ministry of Industry 2 (02) original and eighth (08) record set of copies.

2. The process of appraisal, the Prime Minister review, approx the results of the bidding made in accordance with the regulation at Article 81 of this decree.

Article 21. Announcement of bidding results

1. During the 5-day period of work since the day of Prime Minister's approval of the bid results, the Vietnam Petroleum Corporation informed the party's bids for the results of the bid, except for the special case decided by the Prime Minister.

2. On the basis of the approved bid results, the Vietnam Petroleum Corporation informed the party ' s bid on the plan to negotiate the oil and gas contract.

Section 3

BID TO COMPETE, SPECIFY THE BID AND THE OIL AND GAS OPERATION PROVIDED BY THE VIETNAMESE OIL COMPANY.

Article 22. Bid to compete.

1. The competitive bid form applied in the case of a batch of air oil that is not in the bid plan has been approved and has a minimum of two (02) organization, the individual has qualified under regulation at Article 8 of this Decree of interest and signing proposals. The oil.

2. The competitive bid is conducted in the following steps:

a) The Vietnam Petroleum Corporation has a written statement stating that the application for the application of a bid next to the Ministry of Commerce review, decided in a 15-day period of work since the date of receiving the text of the Vietnam Oil Corporation;

b) The case of the Ministry of Commerce allows the application of a competitive bid form, the Vietnam Oil Corporation announces to the contractors wishing to participate in bids for the record and time of filing a competitive bid.

Competitive bids include:

-Report on financial, technical, professional experience and text on the formation of the oil and gas contractor (if any);

-Economic, technical, commercial and commercial indicators of the oil and gas contract on the basis of reference to the bidding are specified at Article 9 of this Decree;

-Requires legal documents: certificate of registration of activity, charter, third fiscal report (03) of the closest year to the organization or proof of the people or passports of the individual and other documents related by the party, or each party. to participate in the oil and gas contractor.

c) The organization, the individual must submit a competitive bid record of one (01) original and two (2) copies to the Vietnam Petroleum Corporation during the request deadline.

d) In the 15-day period of work since the end of the competitive tender filing, the Vietnam Petroleum Corporation must complete the competitive bid results assessment. The regulations on the process of evaluating bids in the form of extensive bidding are applied to the competitive bid assessment process.

In a 15-day period of work since the date of completion of the competitive bid assessment, the Vietnam Oil Corporation reported the Ministry of Commerce to bid to compete for appraisal, the Prime Minister approved, with two (2) of the original and eight (08). A copy of the copy.

The profile consists of:

-A competitive bid.

-The competitive bid assessment, the competitive bidding score sheet;

-The text of the Vietnam Petroleum Corporation requires that the filing of the competitive bidder and the answer text of the bidder (if any);

-The petition.

-Other document (if any).

3. The process of appraisal, the Prime Minister review, approx the competitive bid results made in accordance with the regulation at Article 81 This decree.

4. Vietnam Oil Corporation is responsible for announcing the results of a competitive bid under regulation at Article 21 of this decree.

Article 23. Bids Index

1. The Prime Minister decides to specify a bid for the case of an oil-oil batch that has only one organization, personally or in the name of the oil contractor who has qualified under the regulation at Article 8 of this decree concerned and proposed signing of oil or case. especially related to national sovereignty, borders, and islands.

2. The designation of the bid is conducted as follows:

a) The organization, the individual to the Vietnam Oil Corporation, has proposed bids to include:

-Report on financial, technical, professional experience and text on the formation of the oil and gas contractor (if any);

-Economic, technical, commercial and commercial indicators of the oil and gas contract on the basis of reference to the bidding are specified at Article 9 of this Decree;

-Legal documents include: active registration certificate, charter, third fiscal report (03) the closest year to the organization or proof of the people or passports of the individual and other documents related by the contractor or the individual party involved in the event. in the name of the proposed gas contractor.

b) Vietnam Petroleum Corporation review the profile, the Ministry of Commerce on the proposal to specify the bidding, including the content such as the area or batch of bids; the reason for the bidding; the organization, the individual proposed only bids and economic, technical, and economic indicators. The basic trade of the oil contract has been proposed.

3. The process of appraisal, the Prime Minister review, approx the results of the bids made by regulation at Article 81 of this decree.

4. During the 5-day period of work since the day of Prime Minister approval of the bids, the Vietnam Petroleum Corporation informed the organization, the individual was designated to bid on the plan to negotiate the oil and gas contract.

Article 24. The oil and gas operation is self-implemented by the Vietnam Oil Corporation.

1. The Vietnam Oil Corporation case receives a full transfer or a portion of the rights, the bid to join the contractor in the oil and gas contract, the Vietnam Petroleum Corporation in coordination with the transfer party and the party to the contract to complete the legal profile to participate. is granted a regulatory investment registration certification, fully inherited the rights and obligations of the contractor under the provisions of the oil and gas contract, this decree and the relevant legislation.

2. The case of receiving the mine from the contractor, the Vietnam Petroleum Corporation or unit member to conduct oil and gas operations on the basis of a new oil contract or by the decision of the Prime Minister.

3. For the investment project seeking exploration and new oil and gas exploration.

a) Vietnam Petroleum Corporation sets up a preliminary project for the head of the Ministry of Commerce.

b) Investment project records include:

-Plans to deploy document research, seismic detonation, drilling, other activities (if any);

-Economic, technical, commercial, basic trade applies to the project;

-Cost and funding for investment;

-Evaluation of investment efficiency;

-Other documents that are relevant (if any);

-The petition.

Vietnam Petroleum Corporation (02) Ministry of Industry 2 (02) original and eighth (08) record set of copies.

c) The appraisal process, the Prime Minister review, approx the investment project seeking exploration and extraction of new oil oil implemented under the regulation at Article 81 of this decree.

d) During the deployment of the exploration and exploration search project, the Vietnam Petroleum Corporation was proposed to participate in the organization's project investment, personally responding to regulatory conditions at Article 8 of this decree, the Vietnam Petroleum Corporation. Men deal with economic, technical, commercial, basic trade agreements with the organization, individuals to submit the Ministry of Trade in accordance with provisions at Clause 2 and 3 Article 23 This decree and the Prime Minister review, the decision on the chairman of the oil and gas contracts.

After being decided by the Prime Minister for the signing of the oil and gas contract, the Vietnam Petroleum Corporation and the organization, the individual stated on the negotiation, signed the oil-oil contract according to the decree of this decree and the relevant legislation.

4. For the basic investigation activity conducted by the Vietnam Petroleum Corporation or member unit of the Vietnam Petroleum Corporation, the Vietnam Petroleum Corporation reported the Ministry of Commerce as stipulated at Article 81 of this decree and the Prime Minister ' s Office of the Government. Review, review.

Chapter III

OIL AND GAS CONTRACT

Article 25. Oil and gas contract form

1. The oil and gas contract is signed in the form of a contract to share petroleum products or other forms due to the Vietnam Oil Corporation in agreement with the contractor and approved by the Prime Minister.

2. The oil and gas contract must comply with a sample contract issued by the Government, except for another case by the Prime Minister.

Article 26. Oil and gas contract talks

1. Vietnam Petroleum Corporation is responsible for negotiating the oil and gas contract on the basis of a bid, a competitive bid or a bid to have been approved by the Prime Minister. The time of negotiation of the oil and gas contract was not more than ninety (90) days, since the Vietnam Oil Corporation announced the results of the bid.

2. If it is too late for the ninety (90) days when the oil contract negotiation is not yet over, the Vietnam Petroleum Corporation reports the Ministry of Public Affairs and proposes to extend the negotiation time to the Ministry of Commerce to review, the decision. The negotiation period is not more than sixty (60) days.

3. The case is too time to renew the regulation in paragraph 2 Article 2 that the oil and gas contract negotiation is not yet over, the Vietnam Oil Corporation reports the Ministry of Commerce of the Appraisal, the Prime Minister review, the decision.

Article 27. Duration h Copper oil.

1. The case of a gas contract only stipulated the general deadline, which does not distinguish the deadline for oil and gas, that deadline will be applied to both oil and gas.

2. The oil contract case only regulates the deadline for the gas but has both the oil discovery in the contract area, the time the oil oil contract deadline for the oil is as follows:

a) The time of the contract for oil is not more than twenty-five (25) years;

b) For projects that encourage oil and gas investment, the contract deadline for oil is not more than thirty (30) years.

3. The oil contract case only regulates the deadline for oil but has gas detection in the contract area, the time the oil oil contract deadline for air is not too thirty (30) years.

4. The case of a specific regulatory oil contract is both a deadline for oil and with the gas, the time the oil contract oil contract is applied according to the regulation in the contract.

Article 28. Exploration Search Phase

The period of search for regulation in Article 17 of the Petroleum Law can be divided into small stages. The duration of the small stages was agreed upon by the parties to the oil contract.

Go. Okay. 29. K Okay. o ayah i I Yeah. The limit of the exploration search phase and the oil and gas contract

1. Extraction the deadline of the search period for oil exploration

a) the Ministry of Labor considers, approving the duration of the period of the search for oil exploration of one of the following cases:

-At the end of the period or at the end of the search period the contractor had the oil discovery in the contract area but the remaining deadline was not enough for the appraisal contractor to find it;

-One or more probes are in the drilling plan or are in the drilling process but the remaining deadline is not enough to complete the drilling work and evaluate the following data;

-The proposed contractor makes an additional job commitment;

-The other case is regulated in the oil and gas contract.

The long-term extension of the oil exploration search phase has a total time extension that does not exceed two (02) years.

b) The delay of ninety (90) days before the end of each small period or the end of the search period, the contractor and the Vietnam Petroleum Corporation must have the text stating the reason for the extension of the exploration of exploration, the Ministry of Commerce;

c) In the 15-day period of work since the date of receiving a proposed text extending the period of the search for exploration, the Ministry of Commerce reviewed, approved.

2. Drag the deadline of the oil and gas contract

a) The oil and gas contract can be extended by regulation at Article 17 of the Petroleum Law;

b) Slow down one (01) the year before the end of the end of the oil contract, the contractor and the Vietnam Petroleum Corporation must have the text stating the reason for extending the deadline of the contract for the Ministry of Commerce of the Appraisal;

c) The regulatory process, the Prime Minister review, approx the extension of the statute of oil contract due to the regulation at Article 81 of this decree.

Article 30. Extended periods of time i the search search in the special case

1. The special case that is extended phase of search for the poll by regulation at paragraph 2 Article 17 of the Petroleum Law is the case for defense, security or shipment of petroleum with complex geological conditions or in deepwater, offshore or school areas. It was decided by the Prime Minister.

2. The slow of the ninety (90) days before the end of the search period, the contractor and the Vietnam Petroleum Corporation must have the text stating the reason for extending the deadline for the search for the appraisal of the Ministry of Commerce.

3. The process of appraisal, the Prime Minister review, approx the extension of the phase deadline for the exploration of exploration in the special case carried out by regulation at Article 81 This decree.

Article 31. G. i We have a gas discovery.

1. Gas discovery by regulation at Article 17 Oil and gas law is the discovery that through the appraisal, preliminary assessment of the contractor, that mining investment may be effective.

2. Vietnam Oil and Gas Corporation has the text stating the reason and the deadline to retain the area of the detection area of the Department of Commerce and report the Prime Minister review, the decision.

3. If time withholding the gas detection area has been allowed by the Prime Minister to last year (05) the year the contractor has yet to find a gas consumption market or existing infrastructure has yet to guarantee the development of that gas, the Prime Minister said. The coating may allow for the extension of two (2) years of retention of gas detection area.

4. The appraisal process, the Prime Minister review, decides whether to retain a gas detection area or to extend the additional two (02) years of retention of the gas detection area implemented by regulation at Article 81 This decree.

5. The time of retention of air detection is not calculated at the time of the oil oil contract.

Article 32. I Yes. Stop execution. There. Number of rights and obligations Okay. in the oil and gas contract

1. pause in case of insecurity

a) The unimpede case, the parties to the oil and gas contract may be agreed upon the implementation of a number of rights and obligations under the regulation of the oil and gas contract;

b) In the event of an indefinite event that was terminated but the contractor needed time to rectify the consequences of the unrecoverable event, the Prime Minister authorized the Ministry of Commerce to consider, deciding on the continued pause of a number of occasions. the rights and obligations in the oil and gas contract on the proposed basis of the Vietnam Oil Corporation and the contractor.

During the 15-day period of work since the receiving text of the proposal continues to halt the implementation of some rights and obligations in the oil and gas contract, the Ministry of Labor considers, the decision.

2. pause in special case

a) The special case is halted the implementation of a number of rights and obligations in the oil and gas contract are the cases prescribed at Clause 1 Article 30 of this decree;

b) The Vietnamese contractor and Vietnamese Petroleum Corporation offered to suspend certain rights and obligations in the special case.

The case halted the implementation of a number of rights and obligations under the oil and gas contract for reasons of security, defence, and the Ministry of Commerce presiding at the stipulation at Article 81 of this decree to present the Prime Minister to consider, decide.

The suspended cases perform some rights and obligations in the oil and gas contract in another special case (except for the case for defense security reasons), the Prime Minister authorized the Ministry of Commerce to consider, deciding on a 15-day period of work. since the date received the bid text of the contractor and the Vietnam Petroleum Corporation.

Article 33. Travel reimbursable Don't Search for exploration

1. The contractor must complete a probe search area no less than 20% of the initial contract area at the end of each small phase of the period of search for exploration or other rates of less than 20% by the Prime Minister ' s decision, except for development areas. The bill and the area are retained in accordance with the provisions of Article 17 of the Petroleum Law or the proposal to retain the area under the provisions of the oil or gas contract or the other being decided by the Prime Minister.

2. The contractor has the right to reimbursate the area at any time during the search search phase. The area voluntarily paid is excluded from the obligation to return the area of the relevant period. The voluntary return of the area does not reduce the obligations committed to the related period as well as the completed area.

3. The return area must have simple and favorable forms of geometry for subsequent oil and gas operations.

4. The contractor is obliged to clear up the buildings, fixed, equipment, and facilities that serve the oil and gas operations on an area of return in accordance with the provisions of this decree and the relevant legislation.

5. appraisal process, the Prime Minister considers the problem of return of the other proportional area less than 20% stipulated at Article 1 This Article is done under the regulation at Article 81 This decree.

Article 34. Commit work and commitment to additional work

1. The contractor and the Vietnam Petroleum Corporation must make detailed plans for the deployment of minimum job commitments in the period of exploration seeking as well as the commitments on training, recruitment and transfer of technology under the regulation in the oil contract. Gas.

2. The case of the contractor implementing the addition of work commitment to the drilling well or seismic detonation is specified in the oil and gas contract, the Vietnam Petroleum Corporation reports the Ministry of Commerce on the deployment plan.

3. Case the contractor is committed to implementing the additional work and minimum financial value for additional work in the protracted period of the exploration search phase, stretching the oil and gas contract; stretching the retention period in part or the entire area. The contract extension; the extension of the temporary obligation to return the area or additional work commitments due to further research purposes and has been approved by the state authorities to be considered to be committed to the minimum work of the contract.

4. The case of the contractor fuls the minimum job commitments at a cost less than the minimum financial commitments outlined in the oil and gas contract, the contractor is seen to have completed its financial obligations and is not obliged to pay for the Group. The Vietnam Oil Corps is all or any part of the money spread between the minimum financial commitment to the actual costs of implementing that minimum job commitments.

5. The case of the contractor does not complete the work volume that has committed during the search for the poll or the time extended above (if any) or in the case the contractor offers to be terminated the oil contract before the deadline, the contractor must. The return to the Vietnam Petroleum Corporation corresponds to the uncompleted minimum work commitment by the minimum fiscal commitment in the ninety (90) days from the end of that period or the time of declaring an end to the contract. The oil fields before the deadline. After the contractor has implemented the above obligation, the contractor will be freed any relevant obligations due to not completing the workload of work committed during the relevant period.

6. The proposed contractor case is converted to a committed work commitment, the conversion is done as follows:

a) The transformation of the work commitment must ensure the interests of the state, make more favorable for oil and gas operations;

b) On the basis of a contractor's written proposal for the conversion of work commitments, the Vietnamese Petroleum Corporation for the Ministry of Trade of Justice pursues to the stipulation at Article 81 of this decree to present the Prime Minister to consider, decide;

c) The new financial commitment and financial commitment approved by the Prime Minister is seen as a commitment to work and the minimum financial commitment of the oil and gas contract.

Article 35. Operator.

1. The election or lease of the authorized operator is specified in the oil and gas contract or by a separate agreement.

2. The operator represents the contractor to join the oil contract that runs the activities within the authorized range, implementing the rights and obligations under the oil and gas contract, the text of the gesture or the hiring of the executive and the provisions of the law.

3. Vietnam Oil Corporation has the right to ask the contractor to change the operator in case the operator has a serious violation of the Vietnamese law or there is clear evidence of the operator not enough operating under the regulation of the contract. The oil. The procedure of changing the operator in this case is carried out by the regulation of the oil contract and the other relevant agreement of the contractor.

4. The case of the contractor uses the general operating company to run the oil and gas operation, the joint executive company adheres to the following regulation:

a) The joint executive company was established to represent oil and gas contractors operating oil and gas operations within the authorized range, implementing the rights and obligations under the oil and gas contract, the executive agreement, the company charter and the regulation of the law. the law;

b) The procedure of establishment, organizational structure, operation, rights and obligations of the joint executive company follows the provisions of the Enterprise Law, Investment Law, Petroleum Law, This Protocol, the oil and gas contract and the accepted international oil and gas industry is accepted. And

c) The general operating company is responsible for the behalf of the contractor to complete obligations under the provisions of the oil contract, the other agreement of the contractors and the provisions of the law prior to the termination of the operation.

5. Ministry of Commerce in coordination with the Ministry of Planning and Head-of-course implementation of this.

Number 36. Executive Office

1. The operator must set up an executive office in Vietnam for the 90-day period or the other time period being unified by the Vietnam Petroleum Corporation with the contractor since the date of the investment registration certificate or the first registration certificate. Adjuvable corrector. The Executive Office performs the rights and obligations within the authorized range, the executive and regulatory agreement of the law. The operator may use an executive office in Vietnam to run or manage as a contractor for one or more oil and gas projects in Vietnam (if any).

2. Authority, the procedure to open the executive office

a) The operator sends three (03) sets of registration records establishing the executive office to the Department of Planning and Investment where the executive office is located.

b) Profile includes:

-The registration document established the executive office due to the competent representative of the executive officer;

-Copy that there's an investment certificate.

-Decision to appoint or contract a lease on the chief executive of the operator;

-The copy of the certificate for the people or passport of the chief executive officer.

c) In the 15-day period of work since the date of receiving enough records, the Department of Planning and Investment review, the registration of registration certificates established the executive office.

The operating deadline of the operating office pursues to the validity of the investment registration certificate or the adjusted investment registration certificate, except the case is renewed but not more than three (03) years.

The Department of Planning and Investment sent the Ministry of Commerce, Ministry of Planning and Investment, Ministry of Finance, Ministry of Justice and Vietnam Petroleum Corporation copy the registration of the registration office.

3. The executive office has a seal, which is open to the account, which is employed by the employer, which is signed into contracts to implement the oil and gas contract, conduct other activities under the rule of law.

4. The case ends the operation of the executive office, the operator sends three (03) of the filing proposal to terminate the executive office to the Department of Planning and Investment where the executive office is located.

a) Profile includes:

-Message terminated the operation of the executive office due to the authority of the executive officer;

-The working list of workers and the right to the present rights of the workers;

-seals and paper certificates (if any);

-The tax agency ' s confirmation paper on the office of the executive completed tax obligations and closed the tax code;

-Registration is established.

b) In the 10-day period of work since the date of receiving enough records, the Department of Planning and Investment review, there is a written notification of the name of the executive office and sent to the operator, Ministry of Commerce, Ministry of Planning and Investment, Ministry of Finance, Ministry of Justice, Petroleum Corporation Vietnam and the IRS.

5. The case changes the address or office field, the operator has a written notice to the Department of Planning and Investment and performs the procedure to change the address or chief of the operating office with the tax authority.

6. The Executive Office is responsible for completing the obligations under the provisions of the Vietnamese law before the termination of operation.

Article 37. Appraisal Process p the oil and gas board to receive the investment registration

1. The oil contract appraisal includes:

a) The text of the proposal to debrief the oil and gas contract of the Vietnam Petroleum Corporation;

b) Economic and technical programming prepared by the Vietnam Oil Corporation;

c) A copy of the certificate for registration of activity to the organization; the identification of the people or passports to the investor is the individual who joins the oil and gas contract;

d) The bail letter does the contract obligations of the contractor or each contractor in the name of the bidder-owned by the bank of the world or the parent company of the contractor or contractor in the company's association, and was published by the Vietnam Petroleum Corporation. approval;

This is a draft of the oil and gas contract.

e) The company charter, financial reporting (if any) and other legal documents are related to the oil and gas contract negotiation facility.

Vietnam Petroleum Corporation (02) Ministry of Industry 2 (02) original and eighth (08) record set of copies.

2. The process of appraisal, the Prime Minister review, approx the oil and gas contract implemented by regulation at Article 81 of this decree.

3. On the basis of the Prime Minister ' s approval basis for the draft of the oil and gas contract, Vietnam Petroleum Corporation and the contractor conducted the signing of the oil and gas contract.

4. During the 10-day period of work since the date of receiving the signed oil contract signed by the Vietnam Petroleum Corporation, the Ministry of Commerce considers, issuing a certificate of investment registration.

Number 38. Motion appraisal process Heartburn Rights and obligations in the oil and gas contract and grant registration registration k What? Adjuvable investment

1. The transfer of the rights and obligations in the oil and gas contract is implemented under the regulation at Article 24 Oil and Gas Law and the oil contract. In case for security reasons, defense, after receiving the bid of the contractor for the transfer of interest in the oil and gas contract, the Vietnam Petroleum Corporation reported the Ministry of Commerce, preliminary evaluation of the organization, the individual wishing to receive the proposal. Transfer.

For a 15-day period of work since the date of receiving the text of the Vietnam Petroleum Corporation, the Ministry of Commerce considers, decided.

2. The appraisal of the transfer of rights and obligations in the oil and gas contract includes:

a) The text recommended by the Vietnamese Petroleum Corporation for the transfer of the rights and obligations of the oil and gas contractor in the oil and gas contract;

b) A copy of the active registration certificate, corporate charter and the nearest year's financial statements to the organization; the identification of the people or passports to the investor is the individual receiving the transfer of interest in the oil contract. the gas;

c) Contract transfer contract and obligations in the oil and gas contract, which is committed to the implementation of the transfer tax obligation of the stakeholders and the relevant financial obligations under the provisions of the Vietnamese law;

d) The agreement to amend the oil and gas contract;

Bail out the contract obligations of the contractor to receive the transfer of interest in the oil-oil contract by the prestige bank in the world of release or bail of the contractor ' s parent company or other form of bail at the request of the Group. The Vietnam Oil Corps.

e) The tax manifest and the transfer tax number transferred by the transfer party;

Vietnam Petroleum Corporation (02) Ministry of Industry 2 (02) original and eighth (08) record set of copies.

3. The process of appraisal, the Prime Minister review, approves the transfer of rights and obligations in the oil-oil contract made in accordance with the regulation at Article 81 This decree.

4. For a 10-day period of work since the date of receiving the approval of the Prime Minister's approval for the motion of transfer of the rights and obligations in the oil and gas contract, the Ministry of Trade considers, granting the registration of the adjusted investment registration.

Article 39. Adjust Investment Registration Certificate

1. The case of the contractor performing the merger, merge, split, split, renaming, corporate transfer of the company or other forms that alter the basic information of the contractor is noted in the investment registration certificate or in the oil and gas contract, Except for the specified case in paragraph 4 of this and Article 40, the contractor must carry out the registration procedure that regulates the investment registration certificate.

2. The case of changes at clause 1 This has taxable income, the contractor must prescribe, submit taxes on the provisions of Vietnamese law and the international treaties that Vietnam is a member.

3. Authority, the procedure of issuing an adjuvable investment investment certificate

a) In the twelve-two (12) months since the change in regulation at clause 1 This Article, the contractor in coordination with the Vietnamese Petroleum Corporation of the Ministry of Commerce One (01) the case file for review, issued a certificate of investment registration;

b) The application for the adjustment of the investment registration certificate includes:

-The letter offers the adjusted investment registration certification (stating the reason) of the Vietnam Oil Corporation and the contractor;

-The original document or the authenticated copy of the agency with the authority to confirm the legal change associated with the contractor stated above;

-Agreement on the oil and gas contract.

-Tax prescriptions and tax numbers must submit (applicable to the specified case at clause 2).

c) For a 15-day period of work since the date of receiving enough records for the certificate of adjuvable investment registration, the Ministry of Commerce conducted the appraisal and issued a certificate of adjusted investment registration.

4. During the period of three (03) months since the contractor changed the address or representative of the law, the contractor must send a notice to the Ministry of Commerce, Vietnam Petroleum Corporation and relevant contractors in the oil and gas contract.

For a 15-day period of work since the date of receiving a text of a change of address or a representative under the law, the Ministry of Labor considers, there is a document that records the changes of the contractor.

Article 40. Change brew S in The contractor's right. i participate in the oil and gas contract in Vietnam

1. During the time of six (06) months from the date of changing owners of the contractor holding interest in the oil contract in Vietnam, the contractor must report the Ministry of Commerce and the Vietnam Oil Corporation on the changes to the owner.

Report records include:

a) The report summares the change in the owner of the contractor;

b) The document demonstrates the changes to the owner of the contractor;

c) The parent company of the contractor's parent company issued a grant letter to the contractor's oil contract, the contractor must provide new ownership of the new owner to the contractor and must be approved by the Vietnam Oil Corporation.

2. The case of changing the owner of the contractor is holding the right to participate in the oil and gas contract in Vietnam that has a taxable income, the contractor makes prescribation, paying the tax on behalf of the owner to the relevant birth income. to the oil and gas contract in Vietnam under the regulation of Vietnamese law and the international treaties that Vietnam is a member.

Go. Okay. 41. Ch All Cease to join the oil and gas contract of each contractor when violating the obligations under the provisions of the oil and gas contract

1. The contractor or each contractor involved in the oil contract may be terminated with the right to join the oil contract when a serious breach of the basic obligations under the provisions of the oil and gas contract and the joint executive agreement (if any).

2. In the period of three (03) months since the contractor was terminated the right to enter the oil contract by the regulation of oil and gas contracts and joint executive agreements (if any), the remaining contractors in the oil contract agreed to return to the state ' s participation. The bid has been terminated with the right to join the corresponding oil contract with the participation rate or under its own agreement in coordination with the Vietnam Oil Corporation to complete the agreement to take part in and the Ministry of Trade of Appraisal under Article 81. This decree is to present the Prime Minister to review, approx.

3. The case of the remaining bidders in the oil and gas contract with the third party receiving the bid to join the contractor is terminated the right to the oil contract, the oil contract will run out of force and the remaining contractors join in the oil contract. The gas must make an end to the oil contract by the regulation of the contract, this decree and the provisions of the relevant law.

Article 42. The termination of the oil and gas contract severely violated the contract obligations.

The case of the contractor severely violated the basic obligations specified in the oil and gas contract, the Vietnam Oil Corporation reported the Ministry of Commerce to consider, the Prime Minister decided.

Article 43. End of oil and gas contracts

1. The cases of termination of the oil and gas contract include:

a) End of the oil and gas contract deadline but is not allowed to renew the Prime Minister;

b) The contractor terminated the oil and gas contract by regulation in the oil and gas contract;

c) The specified case at paragraph 3 Article 41 This decree;

d) End of the oil and gas contract stipulated at Article 42 of this decree;

The oil contract was terminated by the Vietnam Petroleum Corporation and other agreements (if any).

2. termination of the regulatory oil contract at Point a, b, c and the sum of this Article, the contractor must perform the following work:

a) In the term of six (06) months from the day the oil contract ends or ends, the contractor must complete obligations under the provisions of the oil and gas contract and be confirmed by the Vietnamese Oil Corporation for the completion of the obligation;

b) Vietnam Petroleum Corporation and contractor for the Ministry of Commerce a (01) of the original case and two (2) copies of the copy of the termination of the oil and gas contract.

The profile consists of:

-Text to terminate the oil and gas contract of the Vietnam Petroleum Corporation and contractor;

-The commitment of the contractor or each contractor in the contractor 's name or the contractor' s parent company about whether obligations may arise under contract but have not been done yet, the contractor or each contractor in the contractor ' s name or the parent company of the contractor. The bid will take those obligations in the twenty-four (24) months since the Ministry of Commerce issued a decision to end the oil and gas contract.

c) In the 15-day period of work since the date of receiving sufficient records of the termination of the oil contract, the Ministry of Labor considers, approving the termination of the oil and gas contract;

d) In the 15-day period of work since the day the Ministry of Labor approved the termination of the oil contract, the contractor must submit to the Ministry of Public Affairs of the original registration of certificates, the certificate of investment registration (if any);

) After receiving an approved text termination of the Ministry of Commerce ' s oil contract, the contractor is responsible for completing work related to tax obligations, labor, wages, termination of the executive office (if any), the joint executive company (if available), the company has to do so. have) and other obligations under the rule of law.

Chapter IV

OIL AND GAS OPERATION

What? 44. Annual Work and Budget Program

The contractor must set up the annual work and budget program in accordance with the commitments in the oil and gas contract on the deadline, job content, finance, human rights program and the Vietnam Oil Corporation to approve in accordance with the following: regulation of the oil contract.

What? 45. Standards, technical regulation applied to the

1. The contractor has to apply the standards, the technical standard of Vietnam, the internationally recognized standard applied in Vietnam for safety, environmental protection, engineering and related technologies.

2. In the unstandard case, the technical standard of Vietnam, the international standard admitted to applying in Vietnam to safety, environmental protection, engineering and related technologies are organized, the individual conducts oil and gas operations under pressure from the United States. The international oil industry is generally accepted.

What? 46. Protection of tissue protection i school

The organization, the individual who conducts oil and gas operations must perform the work that is associated with environmental protection as follows:

1. Perform environmental monitoring and monitoring programs, implement an environmental protection plan for exploration, oil and gas exploration, and prevarable, environmental incidents according to the law of environmental protection of the environment. Vietnam and the international convention that Vietnam is a member.

2. Limit to the lowest level of effects that affect or result in adverse consequences for the environment such as soil pollution, water, forests, air, harm to flora and fauna, cause loss of ecological balance or adversely affecting the environment.

3. Set up, the appraisal and approval of the environmental impact assessment report by law on environmental protection.

4. comply with the laws of environmental protection.

What? 47. Global oil and gas safety requirements

The organization, the individual who conducts a search for exploration and extraction of oil, must carry out safety jobs as follows:

1. Make a safe zone and maintain a safety signal for the oil and gas works as follows:

a) The safe zone minimum for the oil and gas works on the sea is five hundred metres (500 m) back from the outer edge of the works on all sides or from the anchoring position on floating vehicles, mobile works, except for special circumstances. The Prime Minister decides.

b) Within two (02) nautical miles from the outer edge of the petroleum work (including underwater underground works), vehicles, ships that are not anchored or conducting underground operations under the sea floor. Within the safety zone, the person with no responsibility is not entered, except for the special case approved by the contractor or the Prime Minister.

c) The safe zone around the equipment, the service that seeks exploration and extraction of oil on land provided by the Ministry of Commerce, depending on the geographical, social conditions of the site of the operation of the oil and gas operation.

2. Do not build construction, drop vehicles as well as do not establish a safe perimeter around the building, the vehicle at risk of obstruct the circulation of marine roads has been acknowledged as essential to international navigation and adhering to the region. The regulations of the law of seaport management, maritime flow.

3. Before conducting a search for exploration and extraction of petroleum, the contractor must build and the State Administration of State regulators with the authority to approve under the rule of law on the following documents:

a) Before deploying a search for oil and gas exploration on the field

-The safety management program and risk assessment accompanied by the constraints of the incident and damage;

-Emergency response plans include both technical measures and the use of vehicles, equipment to rectify the incident.

b) Before the development of the petroleum mine

Environmental impact assessment report;

-The safety management program and risk assessment accompanied by the constraints of the incident and damage;

-Emergency emergency response plans include both technical measures and the use of vehicles, equipment to rectify the incident.

4. Set up the safety management system and deploy safety assurance measures under the approved safety management program.

5. Update the data and complete the risk assessment report, report the implementation of the emergency response plan according to the rule of law.

6. Records full of incidents, accidents happen.

7. Emergency notice and apply to remedied measures in the event of an accident or incident by the rule of law.

8. Apply the measures to ensure the safety of labor and fire department, fire under the rule of law.

What? 48. i Compensation.

The organization, the individual who conducts oil and gas operations, is responsible for the damage to the person, property and the environment, including cleaning and restoring environmental status due to the effects of the oil and gas activity.

What? 49. i Danger. Hey. n

The organization, the individual who conducts oil and gas operations, has to comply with regulations on the preservation of natural resources, oil and gas resources and petroleum extraction.

What? 50. y We're about to explore geophysical exploration.

When conducting geophysical exploration (gravity, magnetic field, electricity, seismic detonation and other similar or related activities), in addition to adhering to Vietnamese law, the organization, the individual carrying out the following regulations:

1. Regional notice, geophysical exploration time to the competent authority and the Provincial People's Committee or Central City Central Committee to promptly inform the media owners, ships, boats through the deployment area at sea.

2. Notice to the Provincial People's Committee or the Central Committee of the Central Committee, the People's Committee of the People and People in the area to implement the land-based geophysical exploration of the region, the safe time and the safe zone for the areas, the geophysical exploration point.

3. For the special case involving secrecy, security, sovereignty and sovereignty rights, the organization, the individual conducting a geophysical exploration adhated by the decision of the competent organ.

4. Guide to the media owner, ship, boat, and people comply with safety regulations during geophysical exploration.

5. Geophysical exploration of the plan, area and network network were approved by the Vietnamese Petroleum Corporation.

6. The documents obtained during geophysical exploration must submit to the Vietnam Petroleum Corporation to save, preserve, and use.

7. The contractor is allowed to use the documents obtained in order to serve oil and gas operations.

What? 51. Regulations while drilling

While drilling, the organization, the individual must make the following regulations:

1. Wait a design or design change has been approved.

2. Do not drill out of the area of the oil contract unless the contractor is joined by the adjacent batch oil contract and the Vietnam Petroleum Corporation approx.

3. Save the entire document and specimens obtained during the drilling process and submit to the Vietnam Petroleum Corporation as defined by this decree and the oil and gas contract.

4. Notice in time for the Vietnam Oil Corporation the other resources detected while drilling.

5. Do the environmental protection in the drilling process.

6. comply with the other laws that are relevant.

What? 52. Regulation of oil and gas extraction

The organization, the individual who conducts oil and gas exploration must comply with the regulations on oil and gas resource extraction; the right implementation of the development plan for the development of petroleum gas or early development plans for oil oil was approved; the application of technical and technological measures. Advanced equipment to recover optik oil, but not harm to the soil, ecological environment, and the safety of the mine.

What? 53. Rights of equipment and media

The Vietnamese government has the right to use the works, equipment, vehicles serving oil and gas operations, including pipelines, the contractor being managed by the contractor and used with unimpediable conditions for oil and air operations and does not increase the cost to the government. Contractors or Governments pay the costs of birth due to the use of construction, equipment, and facilities for oil and gas operations.

What? 54. Petroleum Insurance

1. Organization, individuals who conduct oil and gas operations must purchase insurance on the work, equipment, vehicles serving oil and gas operations, insurance coverage of environmental damages, third-party civil liability insurance, human insurance, and environmental responsibility. Other insurance on the provisions of Vietnamese law and the customs of international oil and gas industry are generally accepted.

2. Incentives to buy insurance companies with capacity and insurance experience in the oil and gas sector operating in Vietnam in accordance with the Insurance Business Law and the international treaties that Vietnam is a member.

What? 55. i n

1. The contractor must provide full of the information, figures, report on the oil and gas operation according to the rule of law.

2. State governing bodies with jurisdiction are required by the contractor to provide information, report when necessary, in accordance with the state governing function under the rule of law.

What? 56. Information Security

1. Reports, security information, maritime sovereignty, national island or report, other information must be kept secret under the provisions of the law and the oil and gas contract.

2. The organization, the individual who conducts the oil and gas operation used and must be stored in Vietnam the original documents, specimens, and reports; is allowed to advance and re-enter the documents, the specimen to study, judging by the regulation of the law and the oil contract. Gas.

What? 57. Provide oil and gas services, shopping for goods and contractor selection

1. Organization, individuals who conduct oil and gas operations are entitled to contract oil and gas services to provide goods with subcontractors or with other organizations, individuals to serve as an oil and gas operation.

2. The signing of the contract for the supply of oil and gas services and the procurement of goods directly related to the oil and gas operation are carried out in accordance with the regulation of the oil and gas contract and the following principles:

a) Secure the investment effectiveness of the project, public and transparent in the process of selecting the contractor and signing the contract;

b) In accordance with the characteristic of the oil industry in the search for exploration, mining and extraction of petroleum;

c) Using the oil and gas services that the organization, the Vietnamese individual has the ability to provide on the principle of competitive guarantee of price, quality, progress.

What? 58. Stain. i with labourers.

The contractor must fully secure the rights of labourers, construction of labor-scale, payroll systems, payroll, bonuses, subcontractors and other statutes according to the regulation of the labor law, which is suitable for the customs of international oil and gas industry. It's all right.

What? 59. Recruit and contracting labor contracts

1. Organization, foreign individuals conducting a search for exploration, mining and oil extraction must prioritiate the use of labourers as Vietnamese; recruited foreigners to work in Vietnam as prescribed by the law of labor and labor law. There has to be a plan for training, to recruit the Vietnamese to replace foreigners.

2. Organization, foreign individuals conducting an oil and gas operation directly selected and signed by the law.

3. The contractor must make a commission, plan for hiring labor and plan for annual training.

What? 60. y I want to go back i Go, go, go. i Bad.

1. The contractor and the operator are organized, foreign individuals are entitled to open account of the foreign currency; purchase of foreign currency in response to current transactions and other permitted transactions; to be retained abroad or transferred out of Vietnam income by foreign exchange. Bad from the sale of the oil oil is owned by the contractor, the profits and other legal income obtained during the implementation of the oil and gas operation by the oil and gas contract and the law on foreign exchange management.

2. The contractor, the operator who is signed on to the foreign currency derivatives contracts to prevent rate of risk with the credit organization is allowed to provide foreign exchange services.

What? 61. Foreign currency.

1. The foreign policy of foreign exchange management and the ability to balance the foreign currency during the period, the Prime Minister considers, deciding to support the currency 's foreign currency balance to the contractor' s oil and gas operations against the shortage of foreign currency after the contractor, the regulator said. Purchased at credit organizations, foreign bank branches are allowed to trade foreign currency in Vietnam but do not exceed the amount of the Vietnamese currency that the contractor obtained from oil and gas operations in Vietnam or from the sale of oil owned by the state. The Vietnam market after having already subtracted from the financial obligations and expenses operated by the Vietnamese currency.

2. The conversion of the Vietnam Bronze to the free trade foreign currency made in accordance with the currency sales rate of the credit organization was allowed to be published at the time of the transition.

What? 62. The obligation to sell crude oil and natural gas i In the Vietnamese market

1. The sale of crude oil at the Vietnamese market

a) At the request of the Government of Vietnam, the contractor is obliged to sell part or all of the crude oil in the ownership of the contractor in the Vietnamese market;

b) The crude oil section required by the Government of Vietnam for each contractor sold in the Vietnamese market was determined by a percentage (%) between the amount of crude oil owned by that contractor and the total number of crude oil owned by all oil and gas operators. in Vietnam;

c) The price of crude oil at the request of the Government of Vietnam is the international competitive price.

2. The natural gas sale obligation in the Vietnamese market

At the request of the Government of Vietnam, the contractor is obliged to sell part or all of the natural gas owned by the contractor on the basis of the agreement at development projects, gas mining.

3. The government will compensate for the direct and reasonable expenses provided by the contractor when the contract breach signed with the third party to implement the Government ' s request at Clause 1 and Clause 2 This. The contractor is obliged to provide full evidence regarding the claim. In any case, the compensation value does not exceed the fine due to the contract violation (if any) the contractor must bear with the third party.

Chapter V.

MINING AND MINING

What? 63. Works after oil oil discovery

1. During the period of sixty (60) days since the discovery of oil, the contractor must inform the discovery of oil for the Ministry of Commerce and the Vietnam Oil Corporation.

In the time of a hundred and thirty (130) days after the announcement, the contractor must send the Vietnam Petroleum Corporation to plan the measure (if any) to be approved. The Vietnam Petroleum Corporation reviewed and approved a 30-day review of the judging panel since the bid was received by the contractor.

2. In the 90-day period or another period of time approved by the Ministry of Commerce since the completion of the assessment plan stated above, the contractor must report a review of the total oil reserves of oil at the site of the detected discovery to the ministry. Vietnam Oil and Gas Corporation.

3. The case of the results of the volume of results showed that the discovery was commercially available, the contractor informed the Ministry of Commerce and the Vietnam Oil Corporation on the declaration of commercial discovery.

What? 64. Shit. And I approve of the report. l Oil and gas

1. During the ninety (90) days of the declaration of commercial discovery, the contractor and the Vietnam Petroleum Corporation presented the Ministry of Commerce and the Council of Appeals to report the oil reserves of oil and gas reserves.

2. Records of the oil reserves report:

a) The report of the oil reserves of the Vietnam Petroleum Corporation and the contractor;

b) The stock report consists of content under the rule of law (2 sets);

c) Summary of the report of the reserves in Vietnamese and the language sign language (25 copies);

d) Other documents are related.

3. In the 30-day period since receiving enough records, the Ministry of Commerce and the Council of appraisers report the amount of oil oil to the appraisal, the Prime Minister considers, approving the oil and gas reserves report.

The establishment, the operational statute of the Council for the appraisal of oil reserves, was decided by the Prime Minister.

What? 65.

In the process of exploration, additional capacity, development and extraction of petroleum, if there is a change in oil reserves, the contractor must register to regulate the reserves with the Vietnam Oil Corporation. The case for oil and gas reserves varies with a margin of 15% greater than the nearest approx., the contractor must report a recharge of oil and gas reserves by regulation at Article 64 of this Protocol and the relevant legislation.

Fuck! All right 66. I'm There ' s commercial potential. Grave out of d i Yes, the integration.

1. The case of oil discovery has a commercial potential beyond the oil contract area to the unsigned area of oil, the contractor with the Vietnam Petroleum Corporation has the text stating the reason for the extension of the contract report. Appraisal, the Prime Minister considers, decided.

2. The process of appraisal, the Prime Minister review, decides the extension of the contract area due to the discovery of the oil and gas with a commercial potential beyond the area of the oil contract implemented by regulation at Article 81 of this decree.

What? 67. Contract merger or joint development

1. Case merger or joint development

a) The case of oil discovery has the commercial potential of a contract area to exceed one or more of the other batches that have signed oil and gas contracts, Vietnam Petroleum Corporation and contractors in the relevant contract areas have the responsibility of negotiating a deal. and unified the agreement to merge the mine to measure and develop the joint discovery of that oil (if the quality results indicate commercial detection);

b) For mines that have marginal oil reserves or at adjacent gas or oil-efficient plots when developing independent and general development will be more effective, contractors need a joint development agreement of the mine or the findings of the oil market. The oil.

2. The time of fining the joint merger agreement or joint development to the Vietnam Petroleum Corporation and the Prime Minister ' s contractor to review, approve no more than eighteen (18) months or other times due to the Ministry of Commerce approved since the end. the report assessment of the reserves of the oil discovery in relation to the Prime Minister approved by the Prime Minister. Oil and gas activity in the most integrated area is regulated by the merger agreement and the corresponding oil and gas contracts.

3. The case of bidders involved in the oil and gas contract or participating bidders in close oil contracts cannot unite a joint merger agreement or joint development, the individual extraction that led to the unguarantee of economic efficiency and economic performance. And without the authority to approve the development plan, the contractors have to return the area as an area without commercial detection.

4. The procedure of appraisal, the Prime Minister of the Government on the merger of the mine or the joint development

a) Vietnam Petroleum Corporation and the Ministry of Commerce for the Ministry of Industry 2 (02) of the original case and eight (08) copy of the copy of the copy of the contract or joint development.

The profile consists of:

-The proposed merger of the bill or joint development of the contractor and the Vietnam Petroleum Corporation;

-Agreement agreement or joint development;

-Other documents are related (if any).

b) The appraisal process, the Prime Minister review, decides whether the merger of the mine or joint development is carried out by regulation at Article 81 of this decree.

5. The case of oil discovery has the commercial potential of a contract area that crosses the area of the neighboring country administered by the other country, the contractor in coordination with the Vietnam Oil Corporation has the text to the Ministry of Commerce and states the reason, the treatment method.

In the 45-day period since the date of receiving the text, the Ministry of Commerce chaired, in coordination with the ministries, the construction sector and the report of the Prime Minister review, the decision.

What? 68. Process, appraisal and approval of the development of the mine

1. During the period of eight (08) months or another period approved by the Ministry of Commerce since the date of the approved oil reserves day, the contractor and the Vietnam Petroleum Corporation presented the development of the mine.

2. The development of the mine for development of the mine:

a) The agenda for the development of the contractors of the contractor and the Vietnam Petroleum Corporation;

b) Development of mine development (02 sets);

c) Summary of the plan for the development of the mine in Vietnamese and the language of contracting (25 copies);

d) Other documents are related.

3. Ministry of Commerce in coordination with the Ministry, the relevant sector to establish the Board of Planning for the Development of the Mines Development Scheme.

In the 30-day period since receiving enough records, the Ministry of Commerce organizes the appraisal and approval of the development of the development of the mine.

4. The case is needed, the contractor can plan the development of the regulator mine. The process process, which approx plans for the development of the regulator implemented by regulation at this.

5. The Department of Public Affairs instructs the details to do this.

What? 69. Process presentation , appraisal and approval of early mining plans

1. The contractor proposed early mining plans in the following circumstances:

a) The existing information does not allow the identification of a rational mining method according to the general accepted international oil and gas, which needs to collect the addition of the data on the basis of the actual mining of the mine, the floor of the product, and the pavement;

b) The level of P1/2P reserves is not less than 40%, except for the special case decided by the Ministry of Commerce.

2. Authority and procedure approval of early mining planning

a) In the twelve (12) months since the planned development of the oil field was approved, the contractor planned early extraction and the Vietnam Petroleum Corporation to review, approve.

b) Early mining planning filing included:

-The early mining planning text of the Vietnam Petroleum Corporation and contractor;

-The early extraction plan consists of content under the rule of law (2 sets);

-Summary of early mining plans in Vietnamese and the language of petroleum contracting (25 copies);

-The other documents are relevant.

3. Ministry of Trade in coordination with the Ministry, the relevant sector to establish the Board of Planning for the Exploitation Plan soon.

In the 30-day period since receiving enough records, the Ministry of Commerce organizes the appraisal and approval of the early extraction plan.

4. The contractor to the Vietnam Oil Corporation for annual work on the regulation of the oil contract to perform work items in early mining plans has been approved.

5. QUARTERLY PERIODIC, the contractor reports the Ministry of Commerce and Vietnam Oil Corporation the situation performs work categories in early mining plans, and related materials.

6. When the completion of the early extraction plan, the contractor must send the Ministry of Commerce and Vietnam Petroleum Corporation reporting the following:

a) Assessment of the implementation of early extraction planning and the update of the extraction model and the proof and analysis of the proof;

b) The conclusion of the possibility of applying test plans for the mining of the mine.

7. The contractor must ensure the implementation of an early extraction plan does not harm the efficiency of oil and gas recovery while developing the mine.

8. The deadline for the implementation of early exploitation is no more than three (03) years from the time of the first commercial product line, except the case of the Ministry of Commerce review, extending the early extraction deadline in line with the deployment of early mining planning on a proposed basis. published by the Vietnam Petroleum Corporation and contractor.

9. During the period of six (06) months before the expiration of the upper term, the contractor and the Vietnam Petroleum Corporation plan to develop the mine by the decree of this decree.

10. The Department of Public Affairs instructs the details to do this.

What? 70. Process, appraisal and approval of the bill development plan

1. The mine development plan was established on the basis of an approved oil-oil field development plan or an updated result of early extraction plans to achieve the efficiency of development and extraction of petroleum.

2. In the eighteen (18) months since the embassy plan was approved or a six (06) deadline month before the end of the early extraction plan, the contractor along with the Vietnam Petroleum Corporation reported the Ministry of Commerce, the Council of Planning Planning and Development Plan. The oil and gas fields to organize the appraisal, the Prime Minister considers, approvable.

3. The mining planning filing includes:

a) The Office of the Petroleum Development Plan of the Vietnam Petroleum Corporation and contractor;

b) The mine development plan consists of content under the rule of law (2 sets);

c) The summary of the bill development plan in Vietnamese and the language of oil and gas contracting (25 copies);

d) Other documents are related.

4. In the 30-day period since receiving enough records, the Ministry of Commerce and the Council of Ministers plan to develop the appellate oil field and the Prime Minister review, approv.

The establishment, the operational regulation of the Council of Appeals for the Development of Petroleum Development Plan, was decided by the Prime Minister.

What? 71. Implemation of the oil and gas field development plan

1. Vietnam Oil Corporation contractor on the annual work programme under the regulation of the oil contract to implement the work categories in the approved mining plan.

2. The quarterly periodic, the contractor reports the Ministry of Commerce and the Vietnam Oil Corporation plans to implement the work categories in the oil and gas field development plans and related materials.

3. During the development of the mine, if additional drilling is needed in addition to the approved oil development plan, the contractor and the Vietnam Petroleum Corporation presented the Ministry of Commerce for consideration, the decision.

In the 15-day period of work since receiving the text above, the Ministry of Commerce considers, responding to the contractor and the Vietnam Petroleum Corporation.

4. After the planned development of the mine, if the contractor did not conduct the development of the mine and the oil and gas exploration under the specified deadline, the Ministry of Trade was entitled to revoking the mine.

5. The Department of Public Affairs instructs the details to do this.

What? 72. Modified, supplement of early mining planning and development plans. i Mine.

1. The contractor makes the revised procedure, adding early mining plans and plans for the development of the petroleum mine that has been approved one of the following cases:

a) Change of an investment of over 10% compared to total investment has been approved; changes or births of the existing basic equipment of the mine; deployment at the pavement or test program or other extraction program with the development plan of the mine. oil oil or early extraction plans have been approved;

b) New mining activity or geological information suggests the need to change the development and exploitation approach to achieve the highest overall efficiency;

c) The increase in the amount of oil recovery in the direction of higher economic efficiency thanks to the application of new methodology or technology.

2. During the time of the six (06) months or another period approved by the Ministry of Commerce since the date of the change by regulation at Clause 1 Article, the contractor and the Vietnam Petroleum Corporation and the Council of Trade and Planning and Planning Council. development of the petroleum mine (applied to the regulatory mine development plan) early extraction and development plans for the oil field.

The process process, appraisal, and approval of the amendment, the addition of early mining planning and the development plan for the oil field is similar to the approval of the early extraction plan and the planned initial oil field development plan at this decree.

3. During development, mining, if the additional capacity reserves are affirmed, the contractor plans to develop additional development for these areas and with the Vietnam Petroleum Corporation the Ministry of Commerce considers, approvable (applicable to the Ministry of Petroleum). The plan to exploit soon) or report the Ministry of Commerce, the State Council of Appraisal of the Petroleum Development Plan for the organization of the appraisal, the Prime Minister approved (applicable to the planned mining plan) as defined by this decree.

What? 73. Use of companion gas

1. The contractor is used by the gas to be used in the area of the contract to serve the oil and gas operation at the mine or pump back into the tissue.

2. The case of extraction of companion gas for commercial purposes, the contractor is obliged to carry out the payment of the tax and divide rates on the gas by the regulation of the oil and gas contract relevant.

3. The Government of Vietnam has the right to use not to pay for the operating gas that the contractor intended to burn if the use does not interfere with the oil and gas operation and the contractor must facilitate the work to be done smoothly.

What? 74. Use of oil for operation kha i Falls.

During the oil and gas extraction process, the contractor may use petroleum extracted from the contract area to serve the necessary mining operations, in accordance with the general accepted international oil industry.

What? 75. Burn and flush

1. Except for the case of the burning of the uniform gas approved by the Ministry of Commerce, the contractor is responsible for collecting the uniform gas during the oil and gas extraction process. The contractor must build a uniform gas collection method and demonstrate in early mining plans or mining plans.

2. The contractor is only burned and discharged in the following circumstances:

a) During the trial of the pavement, the volume is no greater than the traffic, the volume required to discharge to pine wells;

b) The combustion of the residual gas cycle from the treatment system cannot be collected economically and the burning does not pose a safety hazard; burning in a state of emergency such as a gas compressurier or other devices is damaged but does not last 48 hours; burn. When it ' s maintenance, testing, testing, and testing.

c) In a state of emergency, the contractor can discharge a temporary gas if it is not possible to burn but not more than 24 hours and must via safety valve, implement safety measures for people, vehicles, devices that are operating at the mine;

d) The combustion of gas serving the pavement test or after the completion, repair or disposal of the expected well lasts more than 48 hours due to the Vietnam Oil Corporation;

Fire or discharge from the well to release the pressure.

3. For cases not part of Clause 2 This, the contractor and the Vietnam Petroleum Corporation will be reviewed by the Ministry of Commerce, approved for a 15-day period of work since the date received text.

What? 76. recurring report

During the oil and gas extraction process, the contractor must file a quarterly report, year for the Ministry of Commerce and Vietnam Oil Corporation for the production of mining; composition, the rate of oil extraction of each mine, each of the mining objects; the oil and gas volume. To serve in search and exploration, the volume of oil and gas is depleted or burned; the investment is on the mines; the cost of the cost is the cost of the mine, the contractors.

Chapter VI

RECOVERY OF FIXED CONSTRUCTION, EQUIPMENT AND VEHICLES SERVING OIL AND GAS OPERATIONS.

What? 77.

1. The contractor is obliged to collect the mine by the regulation of this decree and the relevant law text.

2. The contractor has to plan to pack up and extract the fixed-capacity, equipment and means of serving the oil and gas operations according to the law, the Department of Commerce review, approx.

3. The contractor responsible for packing the bill under the plan was approved by the Ministry of Commerce. At the request of the organization, the individual and approved by the Ministry of Commerce or at the request of the Ministry of Commerce, the organization, the individual may not take all or part of the fixed work, equipment, and facilities of the oil and gas operation.

4. During the oil and gas operation, the organization, the individual must proceed immediately to collect each part or the entire fixed, equipment, and severely damaged vehicle, which affects the safety and effectiveness of the oil operation. Gas.

5. The collection of the mine must ensure the requirements for the protection of the ground, restore the ecological environment, safety of traffic and other sources of the sea.

6. Make the monitoring of the environment and the geological stability of the drilling wells.

7. The mining costs are charged at the cost of the recovered oil.

What? 78. Mining Fund.

1. The guarantee of financial obligation to the production of the mine must be done in accordance with the form of the fund.

2. For the guarantee of financial obligation to the deposit of the mine by regulation at this, if in the oil and gas contracts there is another agreement on the measure of the guarantee that the bill proceeds to the provisions of this decree, the contractor does. deal in the oil and gas contracts.

3. In the term of one (01) years, since the first commercial release date, the organization, the individual must set up the deposit fund.

4. The mining collection is extracted annually. The fund citation of each organization, the individual corresponds to the organization's participation rate, that individual in the oil and gas contract and is charged at the cost of recovery.

5. The fixed value of the fixed, device, vehicle, and gas-based asset liquoration value in the process of cleaning is processed as follows:

a) The case of fixed work, equipment, means of serving the oil and gas operation was revoked, the amount of liquoration obtained during the procurement of the mine owned by the state of Vietnam by the regulation of the oil contract;

b) The case of fixed work, equipment, means of serving an unrevoked oil and gas operation, the price of liquoration was obtained during the procurement of the mine owned by the contractor.

What? 79. Regulatory and fund decision collection

1. In the term one (01) the year before the end of the oil oil contract or the end of the regulatory oil extraction deadline in early mining plans or the bill development plan has been granted approval by the authority, the contractor must reassess the deposit fund worldwide. The basis of reassessment of the total cost of cleaning and production costs within the framework of the oil and gas contract can be recovered at this time.

2. The balance case of the deposit fund failed to meet enough demand for the deposit of the mine in the time of the six (06) months before the end of the oil contract or the end of the oil and gas extraction deadline, each contractor must contribute to the fund according to The percentage of interest in the oil and gas contract.

3. The balance case of the deposit fund is greater than the need for the procurement of the mine, the disparity after the completion of financial obligations with the State under the provisions of the oil and gas contracts and the relevant legislation will be redivided to the state. The following bid:

a) A portion of the differential corresponds to the rate of the contractor ' s interest in the contract if the arbitrate has been revoked costs and each contractor will be entitled to the division by the proportion of the interest involved in the oil and gas contract;

b) The whole difference if the arbitrate is not revoked costs and each contractor will benefit the share in the proportion of the rights involved in the oil and gas contract.

What? 80. Manage and use the deposit fund

1. The management of the deposit fund led by the Vietnam Oil Corporation.

2. During an unprecedented use of the mining fund, the Vietnam Petroleum Corporation sent the fund 's money to secure financial obligations into a private interest account at the credit organization in Vietnam that had the highest credit rating according to the State Bank' s ranking. -Vietnam. The Vietnam Petroleum Corporation is responsible for the risk associated with the mining fund. Interest rates arise annually after the implementation of financial obligations for the State to be imported into the mining fund.

3. The mining fund is used for the purpose of packing up the mine. The contractor used the money in the fund to make the bill to collect the mine under the approval of the approved bill.

Where the contractor was unable to deploy the mine on the basis of the approved mining plan, the Vietnam Petroleum Corporation was not able to reimbursate the mining fund, the contractor was released from the obligation to collect the mine, which corresponds to the uncompleted part. Pay and the Vietnam Oil Corporation is responsible for clearing the unpacked part of the mine.

4. The contractor case does not have to pack up or just pack up part of the fixed, equipment and vehicle process at Section 3 Article 77 This Protocol, the deposit fund is still managed by the Vietnam Oil Corporation and is directly used for cleaning up. when the mine ends. In this case, the Vietnam Oil Corporation coordinated with the contractor determined the deposit fund at the time of the takeover of the right to use the fund and the contractor was responsible for citing the missing funds. After this point, the contractor is able to release the obligation to the whole or part of the fixed, device, unpacked vehicle and the missing portion of the fund (if any).

Chapter VII.

STATE MANAGEMENT OF OIL AND GAS OPERATIONS

What? 81. The process of appraisal, presentation of the decision-of-jurisdiction of the Prime Minister brew

1. The form of appraisal through text comments

a) During the 5-day period of work since the date received enough records or recommended text, the Ministry of Commerce sent the case to the ministry's opinion, the industry involved.

b) For a 15-day period of work since the date of receiving an accepted text with the records of the Ministry of Commerce, the ministries, the dispatch industry, are written about the Ministry of Commerce. Too long, if the agency does not have a written opinion, it seems to have agreed with the filing.

c) In the 45-day period since the receiving of sufficient records or the recommended text, the Ministry of Industry completes the appraisal, the Prime Minister considers, approv.

2. Form of appraisal through the Council of Judges

a) The necessary case, the Prime Minister decided to deliver the Ministry of Commerce to form the Council to implement the appraisal of the decisions of the decision authority of the Prime Minister stipulated in this decree and report the Prime Minister review, decision.

b) The Council structure consists of: Head of the Ministry of Industry as Chairman of the Council and Leadership, the relevant sector as a commissioner.

c) The council was established to help the organization. Structure, permissions, and duties, the operating budget of the Group of Experts appointed by the President of the Council.

What? 82.

1. The Ministry of Industry is responsible to the Government on state management of the oil and gas operation and the implementation of state management under the authority stipulated in the Law of Petroleum, this decree, and other relevant legislation.

2. The Ministry of Public Trade Command, guidelines for the Vietnam Oil Corporation perform the mandate under regulation at Article 5, Article 11, Article 14, Article 17, Article 19, Article 22, Article 23, Article 24, Article 26, and other duties as defined by this decree.

What? 83. i The class of ministries, peer agencies, and the People's Committee. All right The city's central city.

1. The Ministry of Finance provides details of the implementation of the regulations relating to the regulation tax at this Decree and the relevant legislation.

2. The ministry, the peer agency within the scope of the mission, its powers are responsible for carrying out state management of oil and gas operations according to the rule of law.

3. The Provincial Committee of the Provincial People, the Central City of the Central Committee, is responsible for implementing state management of local oil and gas operations by law.

What? 84. Vietnam Oil Corporation report.

1. Ministry of Commerce Report

a) The methods, annual and long-term oil and gas operations plan;

b) A quarterly and annual periodic aggregation report on the implementation and results of the oil and gas operation of each oil and gas contract; the deployment of the mining and mining development of each mine in each of the oil and gas contracts;

c) Report of the incidents arise when conducting an oil and gas operation.

2. Report at the request of the competent state governing body.

What? 85. Inspector, check on the oil and gas operation

1. The organization, the individual who conducts the oil and gas operation is subject to the inspection, examination of the competent authorities under the provisions of this decree and the relevant legislation.

2. The inspection, inspection of the oil and gas operation must perform the right function, jurisdiction and regulations of the law on inspection, inspection.

Chapter VIII

EXECUTION CLAUSE

What? 86. Don't I Well, c

This decree has the enforcement effect since December 1, 2015 and replaces the Protocol No. 1. 48 /2000/ND-CP September 12, 2000 of the Government rules out the implementation of the Petroleum Law, Digital Protocol. 34 /2001/NĐ-CP July 6, 2001 of the Government on the Board of Procurement of the Project Procurement Search for exploration and extraction of oil, Protocol No. 115 /2009/NĐ-CP December 24, 2009 by the Government on the amendment, adds some of the provisions of the Digital Protocol 48 /2000/ND-CP rules for the implementation of the Oil and Gas Law and the Project Procurement Project seeking exploration and extraction of oil issued by the Digital Protocol. 34 /2001/NĐ-CP.

What? 87. Don't Let's go

1. The Ministry of Industry is responsible for guiding and monitoring the implementation of this decree.

2. The ministers, the chief of the government, the Head of the Government, the Chairman of the Government, the Chairman of the Provincial People's Committee, the Central City of the Central Committee, is responsible for the implementation of this decree.

TM. THE GOVERNMENT.

Prime Minister

(signed)

Dao Dung