By decision of the Government of the Autonomous Okrug, the Oil Company issued a budget loan in the amount of 1.5 billion rubles. at 12% per annum for a period of five years for mineral exploration. Exploration work was carried out under an agreement concluded between the Oil Company and Georazvedka limited liability company. The founders of Georazvedka LLC were the Deputy Chairman of the Okrug Government for Subsoil Use and the Director of the Oil, Gas and Mineral Resources Department.
Does a conflict of interest arise in this case? What conditions must be met to prevent conflicts of interest? List ways to resolve conflicts of interest in the civil and municipal service.

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