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Kazakhstan to hold third e-auction for granting subsoil use right

Oil&Gas Materials 17 November 2021 09:31 (UTC +04:00)

BAKU, Azerbaijan, Nov. 17

Trend:

The third e-auction for granting the right to subsurface use will be held on November 19, 2021 at 10:00 (GMT+6) on the website of the operator of e-auctions www.gosreestr.kz , Trend reports with reference to the Ministry of Energy of the Republic of Kazakhstan.

Previously, two e-auctions on 25 subsoil plots were successfully held in late 2020 and early 2021.

An auction on 14 plots out of 22 plots put up for e-auction on August 18, 2021 will be held on November 19.

As for the remaining eight plots, the auction for granting the right to subsoil use was canceled in accordance with paragraph 1 of Article 99 of the Code of the Republic of Kazakhstan "On Subsoil and Subsoil Use" as there was not a minimum number of participants.

A transparent and clear mechanism for holding e-auctions will be created, the advanced digital technologies will be introduced, foreign companies will be attracted to participate in the auction together with the Kazakh companies and new jobs will be created as a result of holding an e-auction.

Anyone can follow the auction. "Information and Accounting Center" JSC, which is the operator, will create a separate online auction hall.

The current situation on the exposed plots will be posted during the online broadcast on the Facebook account of the Ministry of Energy of the Republic of Kazakhstan, which will be updated every half hour.

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