Law on Production Sharing Agreement

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

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Field	Value
Sector	Oil and Gas
Country	Uzbekistan
Year	2002
RGI Edition Year	2017
Topic	Contract transparency and monitoring, Legislation and regulation, Licensing and negotiation, Mandatory payment disclosure, Measurement of environmental and social impacts, Open data, Revenue management, State-owned enterprises, Tax policy and revenue collection
Document Type	Statute
RGI Sub-component	Taxation
RGI Questions	1.1a: How does the country legally define the ownership of subsoil extractive resources?, 1.1c: What licensing process does the licensing authority follow?, 1.1.3a: Is the government required to set pre-defined criteria by which companies become qualified to participate in a licensing process?, 1.1.3b: Prior to each licensing process, is the licensing authority required to disclose a list of biddable terms or negotiable terms?, 1.1.3c: Prior to each license process, is the licensing authority required to disclose the rules governing the licensing process, such as auction or negotiation rules?, 1.1.5a: Following each licensing process, is the licensing authority required to disclose the list of companies that submitted license applications (in the case of a first-come, first served; or negotiation round) or bids (in the case of an auction)?, 1.1.5b: Following each licensing process, is the licensing authority required to publicly disclose the identity of the winning bidder or applicant?, 1.1.5c: Following the licensing process, is the licensing authority required to publicly disclose the list of areas or blocks allocated?, 1.1.10d: Is the legislature required to ratify licenses/contracts?, 1.2a: What is the fiscal system for extractive resources?, 1.2.5c: Do rules specify the level of state equity (or options for state equity such as carried interest) in extractive companies ?, 1.2.5e: For countries using production sharing agreements, do rules specify the company and government production shares?, 1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?, 1.3.1a: Are extractive companies required to prepare an EIA and/or SIA prior to development?, 1.3.5b: Are there rules governing rehabilitation and closure of extractive projects?, 1.4.1a: Are there rules governing fiscal transfers between the government and the SOE?, 1.4.7c: Are there rules that govern how the proceeds from the sale of the SOE's production should be transferred to the government?, 1.4.8c: Does the SOE or government publicly disclose the date of the production sales executed by the SOE?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law and Practice (Both)
Publisher	Legal Information Center under the Ministry of Justice of Uzbekistan
Author
Source or API link	http://www.lex.uz/pages/GetAct.aspx?lact_id=1352
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute