The tenth electronic auction for granting the right of subsurface use of hydrocarbons has ended in Kazakhstan

The tenth electronic auction for granting the right of subsurface use of hydrocarbons has ended in Kazakhstan

28.11.2024 11:07:23 2888

On November 27, 2024, Kazakhstan held the tenth electronic auction for granting the right to subsurface use of hydrocarbons.
The auction was held on the website of the operator of electronic auctions JSC "Information and Accounting Center" MF RK: www.e-qazyna.kz .
The winners of the auction have been determined, who offered the largest subscription bonus for 6 subsurface areas.
The results of the auction can be found on the website of the competent authority:
https://www.gov.kz/memleket/entities/energo/documents/details/756024?lang=ru
In accordance with Article 100 of the Code of the Republic of Kazakhstan "On Subsoil and Subsoil Use", the winner of the auction within twenty working days from the date of publication of the auction results (1) pays a subscription bonus and (2) sends to the competent authority confirmation of payment of the subscription bonus and a signed contract for exploration and production or production of hydrocarbons, developed in accordance with in accordance with a standard contract for exploration and production or production of hydrocarbons approved by the competent authority.

Source : https://www.gov.kz/memleket/entities/energo/press/news/details/891695