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RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of April 16, 1998 No. 3682

About procedure of payments for the goods and products received on account of clearing supply of gas

For the purpose of increase in efficiency of calculations for the goods and products received on account of clearing supply of gas I decide:

1. Determine that:

The Ministry of Trade and resources of Turkmenistan and Turkmenpotrebsoyuz deliver goods and products received on account of clearing supply of gas, to the budget consumers in coordination with the Ministry of Economics and finance of Turkmenistan within the assignments approved to budgets;

the budget consumers receiving goods and products on clearing deliveries for gas from the wholesale and retail companies of the Ministry of Trade and resources of Turkmenistan and Turkmenpotrebsoyuz perfrom calculations (including on reciprocal debt) through bank system of Turkmenistan;

calculations for the delivered goods and products with the State fund of development of the oil and gas industry and mineral resources of Turkmenistan are performed on wholesale purchase prices: on the budget consumers - during 7 banking days after sales of goods and products, on other ministries and departments, and also on goods, implementable to the population, - during 30 banking days after customs clearance, with assignment on the ministries and departments of complete responsibility for timeliness of calculations;

the goods and products which arrived on account of clearing deliveries for gas, not demanded by the budget consumers and other ministries and departments are implemented at the State commodity and raw exchange of Turkmenistan at the developing prices proceeding from market situation.

2. Recognize invalid the paragraph the fourth Item 1, Items 2 and 5 of the Procedure of payments for the goods and products received on account of clearing supply of the gas attached to the resolution of the President of Turkmenistan of January 9, 1997 No. 2965 "About state regulation of clearing deliveries for natural gas export".

 

President of Turkmenistan

Saparmurat Turkmenbashi

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