Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of April 18, 2002 No. 5655

About installation construction on osushka of natural gas at compressor station Deryalyk

Now Turkmenistan is one of the largest world natural gas exporters, providing almost full utilization of throughput, system of gas pipelines from Turkmenistan to Europe. For the purpose of accomplishment of contract commitments on bringing quality of the natural gas exported from Turkmenistan to Europe to the level of the European and international standards due to construction of high-technology installation on osushka of natural gas in system of gas pipelines around compressor station Deryalyk, and also accomplishment of the tasks set for oil and gas complex of the country the National program "The Strategy of Social and Economic Transformations in Turkmenistan for the Period till 2010", I decide:

1. Permit Turkmengaz State concern to sign with consortium of the companies "PALL GmbH" (Germany), "Sulzer Ghemtech" (Switzerland) and "Enex Process Engineering" (Belgium) the contract for designing and "turnkey" construction of installation on osushka of natural gas at compressor station worth 23143 thousand dollars Deryalyk of the USA, having established construction term 1 year (June, 2002 - May, 2003).

2. Financing of works on designing and asset construction, this resolution specified in Item 1 to perform at the expense of means of the State fund of development of the oil and gas industry and mineral resources of Turkmenistan by opening irrevocable, transferabelny, dividend, the confirmed letter of credit in the amount of 50 percent from the cost of the contract, and also payment by direct payment of 30 percent of cost of the contract after approval of acceptance acts of the equipment and the executed amounts of works and 20 percent of cost after confirmation of warranty indicators of work of installation.

3. Allocate to the State trade corporation "Turkmenneftegaz" of quota of crude oil and oil products in the amounts necessary for financing of the asset construction specified in Item 1 of this resolution, in the amount of 23143 thousand dollars of the USA.

4. Exempt from tax payment, excises, exchange and customs duties and charges, and also payments for certification of the equipment and materials, obligatory contributions to fund of the Interbank currency exchange of Turkmenistan:

Turkmengaz state concern, consortium of the companies "PALL GmbH" (Germany), "Sulzer Chemtech" (Switzerland) and "Enex Process Engineering" (Belgium) and their subcontractors during the designing and asset construction, this resolution specified in Item 1;

The state trade corporation "Turkmenneftegaz" when implementing the activities connected with financing of works on the object specified in Item 1 of this resolution.

5. To impose control over the implementation of this resolution on the Vice-chairman of the Cabinet of Ministers of Turkmenistan Gurbanmuradov E. A.

 

President of Turkmenistan

Saparmurat Turkmenbashi

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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