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An agreement was signed on cooperation with IFC in Uzbekistan
The Ministry of Finance signed an agreement with the International Finance Corporation (hereinafter referred as IFC), a member of the World Bank Group, to provide consulting services to Uzbekistan on structuring and competitive bidding for a public-private partnership (hereinafter referred as PPP) project for the construction of a 1300 megawatt combined cycle gas plant in the Syrdarya region.
A temporary ban on the import of certain types of oil and petroleum products via vehicles into the territory of Kyrgyz Republic was introduced
A temporary ban on the import of certain types of oil and petroleum products via motor vehicles into the Kyrgyz Republic has been introduced. The relevant decision was signed by the Prime Minister of the Kyrgyz Republic Mukhammedkaly Abylgaziev.
The Regulation on the Procedure for Accounting and Control of Oil and Petroleum Products in the Kyrgyz Republic was approved
In order to strengthen control over import, storage, production and sale of oil products in the Kyrgyz Republic, the Resolution approved the Regulation on the Procedure for Accounting and Control of Oil and Oil Products in the Kyrgyz Republic, Technical Requirements for the Electronic System of Accounting and Control of Oil and Oil Products, as well as the form of the electronic bill of lading for oil products.
Reorganization of UZBEKNEFTEGAZ JSC
In the management system and organizational structure of JSC "Uzbekneftegaz", there have been significant changes.
Uzbekneftegaz and Tatneft signed an agreement on exploration work in Uzbekistan
On May 15, 2019, the joint-stock company Uzbekneftegaz and the Russian oil company Tatneft signed an agreement on exploration in Uzbekistan.
The EAEU technical regulations on oil safety will come into force from July 1, 2019 in Kyrgyzstan
From July 1, 2019, the technical regulation of the Eurasian Economic Union “On the safety of oil prepared for transportation or use” (EAEU TR 045/2017) will come into force in the Kyrgyz Republic.
GRATA International ranked in Asia law Profiles 2019
For another consecutive year GRATA International received high appraisals from Asialaw profiles, one of the leading legal guides to top law firms and practitioners in Asia-Pacific.
Criteria for determination of oil and gas activities and non-public sector
By Resolution #56 dated 18 February 2019, the Cabinet of Ministers approved criteria for determination of oil and gas activities and non-public sector for the purposes of article 101.1-4 of the Tax Code and 14.7 of Social Insurance Law.
Gazprom International and Uzbekistan Signed PSA on Dzhel Field
On 18 October, in Tashkent, Gazprom International (Gazprom EP International B.V., the operator of Gazprom foreign up-stream projects) and the Republic of Uzbekistan signed a Product Sharing Agreement regarding the Dzhel field.
The companies of Uzbekistan and the US signed a number of agreements in the oil and gas sector and energy
Uzbekistan and leading US companies signed agreements worth about US$5 billion.
Extension of PSA for Azeri-Chirag-Gunashli Oil Field
On October 31, 2017, MilliMajlis of the Republic of Azerbaijan ratified a new production sharing agreement.