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The document ceased to be valid since April 18, 2015 according to Item 1 of the Order of the Government of the Republic of Kazakhstan of April 3, 2015 No. 196

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of July 19, 2012 No. 948

About approval of Rules of determination of the price of the sour and commodity gas acquired by the national operator within the privilege of the state

(as amended of the Order of the Government of the Republic of Kazakhstan of 29.11.2013 No. 1278)

According to the subitem 5) of article 5 of the Law of the Republic of Kazakhstan of January 9, 2012 "About gas and gas supply" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of determination of the price of the sour and commodity gas acquired by the national operator within the privilege of the state.

2. This resolution becomes effective after ten calendar days after the first official publication.

Prime Minister of the Republic of Kazakhstan

K. Masimov

Approved by the Order of the Government of the Republic of Kazakhstan of July 19, 2012 No. 948

Rules of determination of the price of the sour and commodity gas acquired by the national operator within the privilege of the state

1. General provisions

1. These rules of determination of the price of the sour and commodity gas acquired by the national operator within the privilege of the state (further - Rules), are developed according to the Law of the Republic of Kazakhstan of January 9, 2012 "About gas and gas supply" (further - the Law).

2. The terms and concepts used in these rules are applied according to the Law.

2. Procedure of payments of the price of the sour gas acquired by the national operator within the privilege of the state

3. In case of realization of sour gas to the national operator within the privilege of the state, its price is calculated by the subsoil user by formula:

Формула 1 к Пост. от 19.07.2012 №948

where,

RS - the price of the sour gas acquired by the national operator within the privilege of the state, tenge for one thousand cubic meters;

Wednesday - production cost of production of sour gas within the contract for subsurface use in tenge for one thousand cubic meters which is calculated for the previous calendar year by formula:

Формула 2 к Пост. от 19.07.2012 №948

where,

GF - the production cost of production of crude oil and sour gas within the contract for subsurface use previous calendar year determined on the basis of the annual financial reporting of the subsoil user for complete financial year confirmed with audit reports, according to International Financial Reporting Standards and requirements of the legislation of the Republic of Kazakhstan about financial accounting and the financial reporting, directly connected with extraction of minerals from subsoil on surface and their primary conversion (enrichment), tenge;

Gp-amount of production of sour gas within the contract for subsurface use previous calendar year, thousands of cubic meters;

Op-amount of production of crude oil within the contract for subsurface use previous calendar year, tons;

0,857 - transfer coefficient thousands of cubic meters of sour gas in tons;

r - the cost coefficient determined by formula:

Формула 3 к Пост. от 19.07.2012 №948

where,

Gp-amount of production of sour gas within the contract for subsurface use previous calendar year, thousands of cubic meters;

Op-amount of production of crude oil within the contract for subsurface use previous calendar year, tons;

AEPG - the weighted export price of commodity gas on border of the Republic of Kazakhstan previous calendar year calculated according to customs statistics, the published Agency of the Republic of Kazakhstan according to the statistics less the expenses on transportation of commodity gas from the subsoil user to border of the Republic of Kazakhstan determined based on rates, approved by the authorized body performing regulation in spheres of natural monopolies and in the controlled markets, tenge for one thousand cubic meters;

AEPO - the weighted export price of crude oil on border of the Republic of Kazakhstan previous calendar year calculated according to customs statistics, the published Agency of the Republic of Kazakhstan according to the statistics less the expenses on transportation of crude oil from the subsoil user to border of the Republic of Kazakhstan determined based on rates, approved by the authorized body performing regulation in spheres of natural monopolies and in the controlled markets, tenge for ton;

TS - the expenses on transportation of sour gas to the planned place of its realization to the national operator determined based on the rates approved by the authorized body performing regulation in spheres of natural monopolies and in the controlled markets, tenge for one thousand cubic meters;

R - profitability of the subsoil user in case of realization of sour gas to the national operator in the amount of N % which is calculated by formula:

Формула 4 к Пост. от 19.07.2012 №948

where,

N - the value established by the subsoil user, but no more than 10 percent.

3. Calculation of the price of the commodity gas acquired by the national operator within the privilege of the state

4. In case of realization of commodity gas to the national operator within the privilege of the state, its price is calculated by the subsoil user by formula:

Формула 1 к ПП РК от 29.11.2013 №1278

where,

PC - the price of the commodity gas acquired by the national operator within the privilege of the state, tenge for one thousand cubic meters;

CP - production cost of production of sour gas within the contract for subsurface use in tenge for one thousand cubic meters which is calculated for the previous calendar year by formula:

Формула 2 к ПП РК от 29.11.2013 №1278

where,

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