On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of Georgia on cooperation in the field of oil and gas industry

Home / RLA / On the ratification of the Agreement between the Government of the Republic of Kazakhstan and the Government of Georgia on cooperation in the field of oil and gas industry

The Law of the Republic of Kazakhstan dated December 22, 1998 No. 331-1

To ratify the Agreement between the Government of the Republic of Kazakhstan and the Government of Georgia on cooperation in the oil and gas industry, signed in Almaty on November 11, 1997.

The President of the Republic of Kazakhstan application

 Agreement between the Government of the Republic of Kazakhstan and Government of Georgia on cooperation in the field of oil and gas industry (unofficial text)

(Official website of the Ministry of Foreign Affairs of the Republic of Kazakhstan - Entered into force on April 2, 1999)

The Government of the Republic of Kazakhstan and the Government of Georgia, hereinafter referred to as the "Contracting Parties", striving to further develop and strengthen good-neighborly relations, wishing to develop mutually beneficial bilateral economic cooperation, attaching exceptional importance to the development of the oil and gas industry in their countries as one of the fundamental factors for the effective functioning and interaction of the economies of the Contracting Parties, and realizing the special role and importance of this industry for the development of the Central Asian and Caucasian regions, taking into account the mutual interest of the Contracting Parties in the effective use and accumulation of hydrocarbon resources, creating favorable conditions for cooperation in the field of exploration, development, production, processing, transportation, and sale of hydrocarbons and their processed products, taking into account the desire of the Republic of Kazakhstan to develop reliable and efficient ways to transport their hydrocarbon resources to international markets, Taking into account Georgia's proposal to create a transport corridor on its territory for the transportation of hydrocarbons from the Republic of Kazakhstan, seeking to create favorable conditions for the transit of hydrocarbons through the territories of both States to domestic and international markets, and taking into account the provisions of the Energy Charter Treaty of December 17, 1994, we have agreed as follows.

Article 1 The Contracting Parties, acting on a mutually beneficial basis, will fully develop cooperation in the field of the oil and gas industry and related infrastructure.

Article 2 The Contracting Parties shall provide the necessary assistance to the economic entities of the States of the Contracting Parties in carrying out mutually beneficial joint activities in the territories of their States in various sectors of the oil and gas industry in the forms and in accordance with the procedures regulated by the laws of the States of the Contracting Parties.

Article 3 The Contracting Parties, on agreed terms that do not contradict the laws of their States, will facilitate the activities of government agencies, individuals and legal entities authorized by the Ministry of Energy, Industry and Trade of the Republic of Kazakhstan and the Ministry of Fuel and Energy of Georgia in projects carried out in the territories of the Contracting Parties in the field of exploration, development, production, processing, transportation and sale of hydrocarbons and related infrastructure, having priority value.

Article 4 The Contracting Parties shall create favorable conditions in the territories of their States for the transit, transportation, transshipment, storage, loading, acceptance and other operations through the territories of their States, carried out in the territories of the States of the Contracting Parties or belonging to them, as well as to third countries, of hydrocarbons, their processed products and goods necessary in connection with their production. The Contracting Parties will take the necessary measures to create a legislative and economic framework for the stable, safe and efficient functioning of the transport corridor passing through the territories of their States. The Contracting Parties will not take any actions capable of harming each other's interests arising from the objectives of this Treaty.

 Article 5 The Contracting Parties will contribute to the creation and development of coordinated operational management schemes (including telecommunications) for transit transport and pipeline networks for the transportation of hydrocarbons and their processed products.

 Article 6 The Contracting Parties will provide each other with the necessary assistance and assistance for the prevention and elimination of natural disasters, accidents, and other emergencies at oil and gas industry facilities and related infrastructure, as well as take the necessary measures to develop and implement appropriate safety, environmental protection, and life and health protection programs for personnel at facilities and/or in projects of joint interest.

 Article 7 The Contracting Parties will periodically hold consultations with a view to further develop and deepen mutually beneficial relations in the oil and gas industry, as well as on scientific and technical cooperation and training of specialists.

Article 8 The Contracting Parties may, by mutual agreement, make the necessary additions and amendments to this Treaty.

Article 9 In order to resolve disputes and disagreements arising in the application and/or interpretation of this Treaty, the Contracting Parties will conduct negotiations and consultations, guided by generally accepted international norms and rules, as well as the relevant provisions of the Energy Charter Treaty of December 17, 1994.

Article 10 This Treaty shall enter into force on the date of the last written notification by the Contracting Parties that the internal procedures necessary for its entry into force have been completed and shall remain in force for six months from the date on which one of the Contracting Parties notifies the other Contracting Party in writing of its intention to terminate the Treaty.

Done in Almaty on November 11, 1997, in two original copies, each in the Kazakh, Georgian and Russian languages, all texts having the same legal force.

For the purposes of interpreting the provisions of this Agreement, the text in Russian is used.

(specialist: R.Zhantasova proofreader: I.Sklyarova)

President

Republic of Kazakhstan

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