The President Signed a Law on the Abandonment of Unactive Licenses for Geological Exploration
President Vladimir Putin signed amendments to the law “On Subsoil”, designed to stop the practice of “sleeping” licenses for geological exploration – now the payment for subsoil will be increased several times if geological exploration of a site is delayed. The document was published on the official legal information portal. …
The Duma Adopted a Law Introducing Special Requirements for Participants in Subsoil Auctions
The State Duma adopted in the third reading amendments to the law “On Subsoil”, which, in particular, introduce special requirements for participants in auctions for subsoil plots from January 1, 2024. In accordance with government bill No. 222049-8, special requirements will be established by government decision on behalf of the …