The Head of State signed the Law of the Republic of Kazakhstan “On Amendments and Additions to Some Legislative Acts of the Republic of Kazakhstan on Subsoil Use, Gas and Gas Supply”.

The Head of State signed the Law of the Republic of Kazakhstan “On Amendments and Additions to Some Legislative Acts of the Republic of Kazakhstan on Subsoil Use, Gas and Gas Supply”.

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The law is aimed at attracting investments into the economy and development of oil and gas chemical production with high added value and significant multiplier effect.

In 2019, United Chemical Company LLP initiated a number of proposals to amend the draft law “On Gas and Gas Supply” in terms of the definition of “Industrial Consumer-Investor”, which provides for a separate procedure for pricing natural gas for the implementation of projects to produce oil and gas chemical products.

On 30 December, 2019 the Head of State signed the Law of the Republic of Kazakhstan “On introducing amendments and addenda to some legislative acts of the Republic of Kazakhstan on issues of subsoil use, Gas and Gas Gupply”.

The Law of the Republic of Kazakhstan “On Gas and Gas Supply” was published on January 11, 2020.