Head of Russia’s Federal Resource Management Agency Anatoly Ledovskikh wants to upgrade the law “About mineral resources” with a whole bunch of amendments.
Photo: Alexey Kudenko
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Nature Ministry to Re-Write Law “About Mineral Resources”
Having failed to carry the draft bill “About mineral resources” through the State Duma, Russia’s Ministry of Natural Resources now wants to introduce over 100 amendments to the existing law. The ministry plans to make it harder to obtain and easier to lose the licenses for geologic exploration and subsoil use, and to change the rules for tenders and auctions.
Russia’s Federal Resource Management Agency said it had developed and directed to the Ministry of Natural Resources the package of 60 amendments to the existing law “About mineral resources”. The amendments introduce new measures for improving resource management.
For instance, resource developing companies will now have to make a reserved payment of about 100 million roubles ahead of a tender for a deposit. The amendments will also settle the relations between resource companies and land owners, and will define the procedure of licensing the subsoil use of shelf sea.
The ministry will introduce part of the amendments through the government, and another part – directly through Duma deputies, in order to speed up their way through the State Duma. No less than a half of the amendments should be adopted before the end of 2007.
www.kommersant.com
All the Article in Russian as of Mar. 07, 2007
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