Derzhheonadra develops a reform package for modern rules of subsoil use

The State Service for Geology and Subsoil of Ukraine (Derzhheonadra) is developing a package of reforms on the ways of special permits’ issuance, simplification of the rules for small subsoil use and instalment payment for the special permits, the press service of the Service reports.

According to the Service, the reforms are designed to introduce modern rules of regulation for subsoil users. They will concern the types of special subsoil use permits (valid till 2020): “an end-to-end” for exploration and production and production separately in the case of reserves balancing, and the ways of special permits’ obtaining through e-auction and without auction, in case the eight reasons are clearly stated.

The reform will also include issues of simplified rules for “small subsoil use”, instalment payments for special permits (50-20% in the first year, the rest - in instalments during 6 years), payment for the new special permits (provided from 2021) and free circulation of special permits and land plots.

10:30 / 23 July 2020

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