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The Law determines the basic principles of the organization and regulation of activities in the fuel and energy sector. All primary energy resources shall be the exclusive property of the state and the management thereof shall be subject to licensing. The Law shall be applicable to energy production, transmission, storage and to such fuels as oil, natural gas, coal and renewable sources of energy. The competencies of the Government shall include: (a) concession for the management of water, mineral and other energy resources; (b) environmental protection against negative impact of activities in fuel and energy sector; (c) elaboration and implementation of energy saving programmes. Licensee shall have the right to operate on public land. Activities in fuel and energy sector shall be carried out in conformity with National Energy Program aimed at energy saving, use of ecofriendly fuels and environmental protection.
Amended by: Law No. 93 amending Law on Energy (No. 56). (2008-05-23)
Amended by: Law No. 170 amending Law on Energy (No. 56). (2012-10-10)
Amended by: Law No. 10 amending Law on Energy (No. 56). (2015-01-14)