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RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of February 20, 2006 No. 7775

About approval of the Charter and other questions of Head department of Turkmennebitonumleri of the Ministry of the oil and gas industry and mineral resources of Turkmenistan

1. Approve enclosed:

Charter of Head department of Turkmennebitonumleri of the Ministry of the oil and gas industry and mineral resources of Turkmenistan;

number of staff and monthly salary fund of Head department of Turkmennebitonumleri of the Ministry of the oil and gas industry and mineral resources of Turkmenistan. *

2. Determine that this resolution becomes effective with 1 Turkmenbashi of 2006.

3. To impose control over the implementation of this resolution on the Minister of the oil and gas industry and mineral resources of Turkmenistan Atayev G.

 

President of Turkmenistan

Saparmurat Turkmenbashi

Approved by the resolution of the President of Turkmenistan of February 20, 2006, No. 7775

Charter of Head department of Turkmennebitonumleri of the Ministry of the oil and gas industry and mineral resources of Turkmenistan

1. The head department of Turkmennebitonumleri of the Ministry of the oil and gas industry and mineral resources of Turkmenistan (the Head department is referred to as) is the state company which is providing accounting, timely and uninterrupted supply and realization of oil products in the domestic market of Turkmenistan, acting as the asset holder of the industrial goods distributed in centralized procedure.

2. The head department in the activities is guided by the Constitution of Turkmenistan, the laws of Turkmenistan, acts of the President of Turkmenistan, resolutions of Majlis of Turkmenistan, decisions of the Cabinet of Ministers of Turkmenistan, the Ministry of the oil and gas industry and mineral resources of Turkmenistan and this Charter.

3. Structural divisions with the status of the legal entity which are registered by Services of state registration of legal entities of Turkmenistan in the location are part of Head department and operate on the self-supporting beginnings according to the Charter about them, approved by Head department (the list is attached).

4. The main objectives of Head department are:

ensuring timely acceptance of oil products from oil refineries of Turkmenistan, both suppliers of other countries and their storage;

ensuring quantitative and high-quality safety of oil products in case of their acceptance, storage and leave to consumers;

providing population, companies and organizations of Turkmenistan with oil products, control of their quality and accounting;

operational regulation of transportations and supply of oil products proceeding from real need of consumers for the purpose of economical use of fuel and energy resources of Turkmenistan;

providing with the modern equipment, the latest equipment, vehicles and mechanisms of the companies, petrobasic economy and gas stations.

5. According to the tasks assigned to it exercises Head department the following functions:

provides uninterrupted supply of fuels and lubricants to consumers of Turkmenistan and records resources of all types of oil products, constitutes performance and reporting material balances;

exercises control and bears responsibility for realization of oil products strictly on limits, rational and economical use of fuels and lubricants, timely accounting of deliveries in the domestic market;

on the basis of the analysis of financial and economic activities of the companies and organizations develops and performs measures for increase in production efficiency, cost reduction for distribution costs, rational use financial, material and manpower, to reducing non-productive costs, high security of economy;

performs project development of the current and long-term programs of providing with oil products;

performs foreign economic activity according to the legislation of Turkmenistan, export-import transactions with foreign partners within the powers conferred by the Ministry of the oil and gas industry and mineral resources of Turkmenistan;

studies environment of the internal and external markets, is engaged in business activity, including wholesale and retail trade;

creates unified information system based on modern computer facilities;

provides rational placement and development in Turkmenistan to network of the companies for storage and realization of oil products, gas stations;

performs the organization of works of jurisdictional enterprises for labor protection, safe engineering, fire safety and production sanitation;

gives practical help to jurisdictional enterprises in creation of healthy and safe working conditions on production, providing with individual protection equipment;

takes part in consideration of projects of specifications on oil products, test methods, provides control of timely passing of checking of measuring instruments in accordance with the established procedure;

enhances the organization of work on the prevention of environmental pollution;

develops service prices of the jurisdictional enterprises and participates in development of free contract prices on oil products for consumers of Turkmenistan together with producer of oil products, approves with the Ministry of the oil and gas industry and mineral resources of Turkmenistan and approves them;

represents monthly, quarter, annual accounts to the Ministry of the oil and gas industry and mineral resources of Turkmenistan at the scheduled time;

timely represents to the Ministry of the oil and gas industry and mineral resources of Turkmenistan information on the done work in the field of labor protection, safe engineering and environmental protection;

provides regular carrying out audits of financial and economic activities of jurisdictional enterprises and organizations according to the current legislation;

enhances forms and methods of economic activity, promotes development of new forms of production organization, creation of optimum and safe working conditions;

makes offers on creation of joint businesses in production and social field of activity in the Ministry of the oil and gas industry and mineral resources of Turkmenistan;

attracts to implementation of investment projects credit resources of different banks and other sources with the permission of the Ministry of the oil and gas industry and mineral resources of Turkmenistan.

6. The head department has the right:

perform the economic and financial activities on the principles of complete cost accounting;

dispose of accounts, transfer money from the subsettlement account to the settlement account within the provided estimates on expenses in the administrative purposes and for the solution of operational issues;

perform economic and legal protection of interests of jurisdictional enterprises and organizations;

attract, if necessary, to the solution of production and economic questions of highly qualified specialists on contractual conditions;

hold events for the organization and self-produced expansion, updating of processing equipment, devices, spare parts;

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