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Amendments to the Law “On Oil and Gas”

January 21, 2015

On January 21, 2015 the President of the Kyrgyz Republic Almazbek Atambayev signed the Law “On the Amendments to the Law of the Kyrgyz Republic “On Oil and Gas”.

The amendments were introduced in order to optimize and improve legal and regulatory framework in the energy area which regulates activity in fuel and energy sector.

Article 6 of the Law of the Kyrgyz Republic “On Oil and Gas” provides for powers of the Government of the Kyrgyz Republic in establishing rules for subsoil use, its protection and development of oil and gas deposits, as well as transportation, exploitation and sale.