Azerbaijan extends term for direct subsoil use in liberated territories

The Cabinet of Ministers of Azerbaijan has amended the "List of cases for granting subsoil use (except for precious and non-ferrous metals, including noble metals, precious stone deposits) through direct negotiations," which was approved by the Cabinet's decision dated May 10, 2019.

Report informs that Prime Minister Ali Asadov has signed a new decree in this regard.

According to the decree, the period for granting subsoil areas located in the liberated territories through direct negotiations has been extended by two more years until January 1, 2027. This extension applies to the use of common mineral deposits in these territories for the implementation of construction projects related to the reconstruction and restoration of the liberated areas, as well as for the construction and operation of underground facilities not related to the extraction of minerals.