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The document ceased to be valid since  October 29, 2014 according to the Resolution of the Cabinet of Ministers of Ukraine of  October 16, 2014 No. 570

RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of October 3, 2011 No. 1064

Some questions of the organization and holding exchange auctions for sale of crude oil, gas condensate of own production and the liquefied gas

(as amended on 16-05-2014)

According to article 4-1 of the Law of Ukraine "About oil and gas", to subitem 213.3.11 of Item 213.3 of article 213 of the Tax Code of Ukraine the Cabinet of Ministers of Ukraine decides:

1. Approve the Procedure for the organization and holding exchange auctions for sale of crude oil, gas condensate of own production and the liquefied gas which is applied.

2. To the Ministry of Energy and Coal Industry:

1) to hold competition in a month by determination of the exchanges at which exchange auctions for sale of crude oil, gas condensate of own production and the liquefied gas are held;

To provide 2) to the State Tax Administration concerning each specialized auction selling the liquefied gas for needs of the population by subjects of managing:

information on the purchase and sale agreements of the liquefied gas signed by results of specialized auction - within five days from the date of holding the auction;

summarized information on transactions on realization of the liquefied gas acquired on specialized auction.

3. To Council of Ministers of the Autonomous Republic of Crimea, the regional, Kiev and Sevastopol city public administrations to provide annually till January 20 to the Ministry of Energy and Coal Industry summary information on the form established by the Ministry with indication of and reasons for number of the subjects of managing realizing the liquefied gas for needs of the population, the registered gas-balloon installations which are on servicing at such subjects of managing in the respective region, and also amount of annual average consumption of the liquefied gas one gas-balloon installation for the previous two years.

4. To Council of Ministers of the Autonomous Republic of Crimea, the regional, Kiev and Sevastopol city public administrations and National joint stock company "Neftegaz of Ukraine" to provide to the Ministry of Economic Development and Trade to the 15th in which the specialized auction selling the liquefied gas for needs of the population, information on amount of the liquefied gas on the form established by the Ministry of Economic Development and Trade in coordination with the Ministry of Energy and Coal Industry is held.

5. To the Ministry of economic development and trade and the Ministry of Energy and Coal Industry to bring own regulatory legal acts into accord with this resolution in a month.

6. Recognize invalid resolutions of the Cabinet of Ministers of Ukraine according to the list which is attached.

Prime Minister of Ukraine

N. AZAROV

 

Approved by the Resolution of the Cabinet of Ministers of Ukraine of October 3, 2011, No. 1064

Procedure for the organization and holding exchange auctions for sale of crude oil, gas condensate of own production and the liquefied gas

General questions

1. This Procedure determines the mechanism of the organization and holding exchange auctions for sale of crude oil, gas condensate of own production and the liquefied gas in the domestic market, including specialized auctions selling the liquefied gas for needs of the population.

Action of this Procedure extends to the companies which share of the state in the authorized capital constitutes 50 percent and more, economic societies, 50 percent and more shares (share, shares) which belong to the authorized capital of other economic societies which shareholder is the state which holds in them controlling stock, and also affiliated enterprises, representations and branches of such companies and societies, agreement parties about joint activities according to which the cost of contribution of the specified companies, societies, affiliated enterprises, representations and branches constitutes 50 percent and more total cost of deposits of agreement parties, and/or persons authorized by the cooperation agreements signed with the assistance of such companies.

2. In this Procedure terms are used in such value:

1) auction session - the number of days during which the birzhevy auction is held, but is no more than business week;

2) auction documentation - set of documents which the buyer shall submit on the exchange for participation in exchange auction;

3) birzhevy auction (further - auction) - the tendering method providing sale of each of the declared lots to the buyer who offered for it the highest price fixed when tendering;

4) gas condensate of own production (further - gas condensate) - gas condensate which is extracted from fields by subject of managing which got special permission (license) and is subject to preliminary conversion;

5) bid increment - the size at which lot cost in case of holding the auction changes;

6) lot - the batch of crude oil, gas condensate, minimum by quantity and cost, and the liquefied gas which is offered for sale at auction;

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