The Legal Regulation of the State Geological Studies of Subsoil Use in Kazakhstan
This information only provided as a general guide and should not be used as a specialized legal opinion.
As stated by the government, geological study is one of the priorities of industrial development of Kazakhstan. Despite the rich mineral resources, replenishing the mineral resource base remains as an urgent and serious problem for the state.
According to various programs, the ministry in this field is trying to develop geological survey within its capabilities. However, in practice, the money allocated by the state, as well as the available technology and knowledge, are insufficient for the organization of due and sufficient work to the discovery and study of mineral deposits and estimating of mineral reserves.
One of the institutions considered by the state as a way out of the situation is a state study of subsoil by the use of money of large subsoil users and investors. Despite the existence of a mutual interest among potential participants of such cooperation, these relations leave a lot of questions and gaps at the level of legislative regulation. According to the geological survey of subsoil contracts, investor companies are not guaranteed to obtain benefits from their activities and the law regulating this area does not provide additional opportunities for investor companies to obtain rights for the development of the discovered fields.
In this regard, in this article we have decided to examine the substantive provisions of the existing legislation, as well as some of discussed and proposed innovations by us to the regulations relating to the state geological survey.
For additional information please see the attached file.IK_Article_The Legal Regulation of the State Geological Studies of Subsoil Use in Kazakhstan_Svetlana Shtopol_31.10.2014.pdf IK_Статья_Правовое регулирование государственного геологического изучения недр в РК_Светлана Штополь_31.10.2014.pdf