The main laws and by-laws that govern foreign investment activity in oil and gas industry within Uzbekistan are the following:
the Law of the Republic of Uzbekistan On Foreign Investments, dated 30 April 1998, with the latest amendments as of 1999 (the LFI);
the Law of the Republic of Uzbekistan On Guarantees and Measures of Protection of Foreign Investors, dated 30 April 1998, with the latest amendments as of 2005;
the Law of the Republic of Uzbekistan On Investment Activity, dated 24 December 1998, with the latest am...