Extract from the Law of the Russian Federation № 2395-1 “On Subsoil” (as amended and put into effect since 01.01.2016)

EXTRACT

from the Law of the Russian Federation of 21.02.1992 № 2395-1

(as amended on 13.07.2015)

“On Subsoil”

(as amended and put into effect since 01.01.2016)

Article 17. Antimonopoly Requirements in the Use of Subsoil

 Actions by agencies of state power as well as by any enterprise entities (subsoil users), are forbidden or, in the procedure established, recognized unauthorized, if aimed at:

restriction, despite the conditions of a given competition or auction, of the access of legal entities or citizens, willing to acquire a right to use subsoil in accordance with the present legislation, to participate in them;

avoidance of licensing out the winners in a competition or auction, as well as of granting licenses to use subsoil under production sharing agreements, envisaged by Article 11 of the present Law;

(as amended by the Federal Law of 10.02.1999 N 32-FZ)

substitution of competitions and auctions by direct negotiations, accept the cases provided by the present Law and federal laws;

(as amended by the Federal Law of 10.02.1999 N 32-FZ)

discrimination of subsoil users who form structures, competing with economic entities, occupying a dominant position in subsoil use;

discrimination of subsoil users in granting the access to objects of transportation and infrastructure.

The Federal agency for management of the State subsoil fund is entitled to establish limit sizes of subsoil plots, quantity of plots and maximum permissible volumes of mineral resources, granted for use.

(as amended by the Federal Law of 22.08. 2004 № 122–FZ)