In accordance with The Law of the Republic of Kazakhstan "On State Regulation of Manufacturing and Turnover of Specific Types of Oil Products" dated july 20, 2011 No. 463-IV amended Article 11-1. Oil supplier, by the Law of the Republic of Kazakhstan dated December 30, 2022 No. 177-VII SAM "On Amendments and Additions to Some Legislative Acts of the Republic of Kazakhstan on the implementation of certain instructions of the Head of State.
Article 11-1 should be worded as follows:
"Article 11-1. Oil Supplier
The supplier of oil is a legal entity that supplies the producer of petroleum products, as well as refineries located outside the Republic of Kazakhstan, independently extracted, received by the Republic of Kazakhstan as taxes paid in kind in accordance with the tax legislation of the Republic of Kazakhstan, independently imported (including imported) into the territory of the Republic of Kazakhstan and (or) acquired directly from an interconnected subsurface user and (or) from a person, who has imported (including import) crude oil and (or) gas condensate into the territory of the Republic of Kazakhstan and sells petroleum products obtained as a result of processing such oil and (or) gas condensate under the conditions established by this Law.
An oil supplier is also a legal entity that supplies the producer of petroleum products (with the exception of a producer of low-capacity petroleum products) with products of crude oil or gas condensate processing that were independently imported (including imported) into the territory of the Republic of Kazakhstan and (or) that were purchased from the person who imported them (including import) into the territory of the Republic Kazakhstan, and (or) obtained by the subsurface user as a result of processing independently extracted crude oil and (or) gas condensate, and (or) purchased directly from an interconnected subsurface user, who received them as a result of processing independently extracted crude oil and (or) gas condensate.
For the purposes of this Law, an oil supplier is a person related to a subsurface user, subject to at least one of the following conditions:
the oil supplier owns fifty percent or more of the shares (participation shares in the authorized capital) in the subsurface user;
the subsoil user owns fifty percent or more of the shares (participation shares in the authorized capital) in the oil supplier;
the oil supplier and the subsurface user are controlled by a person who owns fifty percent or more of the shares (participation shares in the authorized capital) in the oil supplier and the subsurface user.";