Decree No. 34/2001/ND-CP dated July 06, 2001 of the Government promulgating the regulation on bidding for oil and gas prospection, exploration and exploitation projects
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Hanoi, July 06, 2001
PROMULGATING THE REGULATION ON BIDDING FOR OIL AND GAS PROSPECTION, EXPLORATION AND EXPLOITATION PROJECTS
Pursuant to the Law on Organization of the Government of September 30, 1992;
Pursuant to the July 6, 1993 Petroleum Law and the June 9, 2000 Law Amending and Supplementing a Number of Articles of the Petroleum Law;
At the proposal of the Minister of Planning and Investment,
Article 1.- To promulgate together with this Decree the Regulation on bidding for oil and gas prospection, exploration and exploitation projects.
Article 2.- This Decree takes effect 15 days after its signing.
Article 3.- The Ministry of Planning and Investment shall assume the prime responsibility and coordinate with the Ministry of Finance and the concerned ministries and branches in guiding the implementation of this Decree.
Article 4.- The ministers, the heads of the ministerial-level agencies, the heads of the agencies attached to the Government, the presidents of the People’s Committees of the provinces and centrally-run cities, Vietnam Oil and Gas Corporation and concerned organizations shall have to implement this Decree.
ON BEHALF OF THE GOVERNMENT
Phan Van Khai
ON BIDDING FOR OIL AND GAS PROSPECTION, EXPLORATION AND EXPLOITATION PROJECTS
(Promulgated together with the Government’s Decree No. 34/2001/ND-CP of July 6, 2001)
Article 1.- Scope of regulation
This Regulation prescribes the bidding for oil and gas prospection, exploration and exploitation projects in order to select partners for signing oil and gas contracts according to the provisions in Clause 4, Article 1 of the Law Amending and Supplementing a Number of Articles of the Petroleum Law.
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