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Poroshenko has simplified the production of oil and gas

Порошенко упростил добычу нефти и газаThe President signed the law.

President Petro Poroshenko has signed the law on deregulation of licensing procedures in the sphere of oil and gas. This is the official website of the Verkhovna Rada.

As noted, the document signed by the President returned to the Parliament on 29 March.

By law you are allowed to use the mechanism of an easement for construction of oil and gas facilities and pipeline transport (without changing the purpose of land).

In addition, it eliminates the need for the mining lease that excludes oil and gas facilities from the list of objects of town-planning activities, abolished mandatory input fields in research and industrial and commercial development according to the decision of the Ministry of energy and coal industry.

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Law oil and gas producers are entitled after completion of period of research-industrial development of deposits to use zemuchastki on the basis of the contract with the land owner until the change of purpose and use right (now companies must stop the production at the time of registration of documents).

Removal and transfer of soil cover to further drilling will be carried out without special permission on the basis of the working draft of land management.

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The act grants the right to subsoil users on the use of the geological information without the consent of authorities. In addition, it is proposed to expand the circle of entities that can conduct geological and economic evaluation of oil and gas reserves (currently this right is owned exclusively by the State Commission of Ukraine on mineral resources).

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