Next Generation Partners

Energy and natural resources in Kazakhstan

Curtis, Mallet-Prevost, Colt & Mosle LLP

Noted for the team’s ‘diverse expertise covers a wide range of issues in energy and natural resources,’ Curtis, Mallet-Prevost, Colt & Mosle LLP handles large natural resource negotiations and arbitrations for numerous government agencies and state-owned entities including the Ministry of Energy and Ministry of Finance, alongside advising on upstream oil and gas matters, uranium and gold. Askar Moukhitdinov is the managing partner for the Almaty and Astana offices, and is focused on all aspects of the energy industry, including the development of Kazakhstan’s oil and gas industry. Eric Gilioli is recognised for his work on transactions relating to the exploration, development and production of oil and gas, whereas Susan Maples deals with energy disputes and negotiations. Nurlan Mukhitdinov is a name to watch.

Praxisleiter:

Askar Moukhitdinov; Eric Gilioli


Weitere Kernanwälte:

Susan Maples; Nurlan Mukhitdinov


Referenzen

‘They understand the intricacies of our industry inside and out, enabling them to provide targeted and effective legal counsel. Their practice extends across international boundaries, which is crucial in the energy sector. They offer a comprehensive understanding of global markets, regulatory environments, and industry trends. ’

‘The team’s diverse expertise covers a wide range of issues in energy and natural resources, from environmental regulations to project finance. This breadth allows them to offer holistic solutions to complex problems. Their collaborative spirit extends beyond their own team. They actively engage with industry experts, environmental organizations, and government agencies to stay at the forefront of industry developments.’

Kernmandanten

Ministry of Justice of Kazakhstan, acting on behalf of the Republic of Kazakhstan


PSA LLC


Samruk-Kazyna


Kazatomprom


Highlight-Mandate


  • Representation of the Republic of Kazakhstan in a UNCITRAL arbitration commenced by a Canadian investor pursuant to the Bilateral Investment Treaty between Canada and the Soviet Union. The case arises from the termination of a contract for the management of a gold mining company. One of the key issues in the case has involved state succession to treaties in public international law, as the applicability to Kazakhstan of the treaty with the Soviet Union has been disputed.

Dentons

Dentons is a leading firm in the energy and natural resources practice area in Kazakhstan, serving as primary counsel for clients in the oil and gas, uranium and solid mineral mining sectors. The firm offers a one-stop shop service for its clients, representing them before a variety of agencies including government and state level, courts and arbitral proceedings. The team is also present on matters dealing with subsoil use licenses and contracts, and protecting clients interests. Daniyar Toigonbaev leads the team and is experienced in large-scale projects within power and natural resources. Aigoul Kenjebayeva represents clients within the mining industry, whereas Birzhan Zharasbayev ‘s expertise includes construction and real estate, renewable and green energy projects. Nazym Bekturova is noted for her advisory work to major mining companies.

Praxisleiter:

Daniyar Toigonbaev


Weitere Kernanwälte:

Aigoul Kenjebayeva; Birzhan Zharasbayev; Nazym Bekturova


Referenzen

‘Globally integrated network and an exceptional squad of talents with deep experience in renewable energy. Dentons was part of the earliest legislative initiatives in the country and are still being very proactive in major transactions.’

‘Birzhan Zharasbayev has solid experience in energy and real estate. Bogdan Piskorskiy is experienced in land-related matters.’

 

Kernmandanten

Karachaganak Petroleum Operating B.V.


North Caspian Operating Company N.V.


Kazzinc LLP


Cameco Corporation


Trans-Asia Gas Pipeline Cоmpany Limited


Halliburton International GmbH


Moore Control Systems, Inc.


ACWA Power Global Services LTD.


Highlight-Mandate


  • Advising Karachaganak Petroleum Operating B.V. on a wide range of legal issues related to their activities as a major oil and gas producer.
  • Continuing to advise North Caspian Operating Company N.V., one of the biggest oil and gas player, on highly technical and elaborate legal issues related to reserves estimation and approval.
  • Represented Altyntau Kokshetau JSC in an administrative dispute against the Department of Ecology where the client challenged the results of the inspections. Had the claim been successful, the client would have been fined approximately US$20 million.

GRATA International

GRATA International is renowned for its expertise in the natural resources sector, having represented foreign investors in oil, gas and uranium alongside support to foreign investors in the mining industry. The team is specialised to handle matters with government authorities, including the Ministry of Energy and Ministry of Industry. Almat Daumov is the head of the natural resources team and has experience in advising investors, whereas Yerbolat Yerkebulanov deals with subsoil use, EPC contracts and regulated procurements within the oil and gas and mining sectors. Baizhan Bekzhanov handles all matters related to the mining industry, with experience originating out of his work as a legal counsel for a large uranium company in Kazakhstan.

Praxisleiter:

Almat Daumov; Yerbolat Yerkebulanov; Maxim Burak; Yerzhan Yessimkhanov; Zaira Sarsenova


Weitere Kernanwälte:

Baizhan Bekzhanov


Referenzen

‘Grata is the oldest and the most respected law firm in Kazakhstan. The firm has a wealth of experience and local knowledge ’

‘Baizhan Bekhzhanov is a really excellent partner who knows the industry very well. He is responsive and commercial; always delivers great service to his clients. Askar Konysbayev is a seasoned litigation partner with a lot of cases under his belt. ’

‘The team is strong and client-entered.’

Kernmandanten

Barrick Gold Corporation


Rio Tinto Exploration Kazakhstan


Altius Petroleum International B.V.


Korea National Oil Company (KNOC)


Sandvik Mining and Construction Kazakhstan Ltd.


Eni S.p.A.


HeatTeq Refractories Services B.V.


Caspi Neft


VOSTOK NEFT Service


Great Wall


ILF Consulting Engineers


KMG Nabors Drilling Company


ENKA


Borealis AG


Morgan, Lewis & Bockius LLP

Morgan, Lewis & Bockius LLP fields an experienced energy and natural resources team that is supported by lawyers in London, US, Singapore and Hong Kong, with a track record in innovative transactions in the energy sector in Kazakhstan and elsewhere in Central Asia. The team advises clients in project development and finance within the oil and gas, mining and power industry. Aset Shyngyssov leads the team and handles M&A, financing and dispute resolution for significant clients in the oil and gas sector, while Asem Bakenova is engaged in complex energy projects and is noted for ‘valuable advice on EPC related matters.’

Praxisleiter:

Aset Shyngyssov


Weitere Kernanwälte:

Asem Bakenova


Referenzen

‘The team is approachable, knowledgeable, professional. They are experienced and well-qualified in energy matters, open and upfront with clients. We are assured that we are able to leave very important and difficult matters to this team. ’

‘The team led by Aset Shyngyssov, is a strong set of lawyers who do an excellent job of setting strategy and executing to it. I can count on what they produce, even in draft form, to be strong and well crafted with few issues to address. Asem Bakenova provides valuable advice on EPC related matters. ’

Kernmandanten

Agip Karachaganak B.V.


European Bank for Reconstruction and Development


Oriental Sunrise Corp.


Foreign Investors’ Council


Smape Srl


Compass Group


Lancaster Group


Arm Wind LLP


Bumi Armada


CNPC International


Highlight-Mandate


  • Represented Oriental Sunrise Corp Ltd. (AIFC company) in its acquisition of 60% operating interest in large onshore Dunga oil field in Kazakhstan from TotalEnergies EP Danmark A/S.
  • Advised the European Bank for Reconstruction and Development and Asian Development Bank on secured financing of Almaty Power Plants JSC aimed at comprehensive modernization of the existing 510 MW Almaty CHP 2, with full replacement of coal by natural gas.
  • Represented the Foreign Investors’ Council chaired by the President of the Republic of Kazakhstan provided assistance on a major overhaul of oil and gas concession legal regime.

SIGNUM Law Firm

Noted for their ‘specialist team with an excellent understanding of oil and gas legislation in Kazakhstan,’ SIGNUM Law Firm handles work for international investors and project developers with the firm advising on all aspects of the energy trade, including projects within oil and gas in transactions in the region. Liza Zhumakhmetova , Sofiya Zhylkaidarova and Abylkhair Nakipov  jointly lead the practice, while Nazym Argynbay specialises in subsoil use, alongside providing full legal support for major oil and gas companies.

Praxisleiter:

Liza Zhumakhmetova; Sofiya Zhylkaidarova; Abylkhair Nakipov


Weitere Kernanwälte:

Nazym Argynbay


Referenzen

‘Very responsive and proficient in communication. Strong market sense on top of high quality in legal service.’

‘Responsive, efficient, technically strong, an exporter of work as well as a receiver; always my number one choice for Kazakh law advice.’

‘Specialist team with an excellent understanding of oil and gas legislation in Kazakhstan.’

Kernmandanten

EBRD


Highlight-Mandate


  • Advising a supermajor Fortune 500 listed oil & gas company on a €1.08bn dispute relating to the failure on contractual obligations in the wake of sanctions imposed on Russia after its invasion of Ukraine.
  • Representing one of Europe’s leading financial services groups on a $750m project finance facility to be used to expand the delivery of copper products from Kazakhstan.
  • Advised a major investment company and a Swiss-Dutch Oil & Gas giant on a $350m sell-side M&A deal in the hydrocarbons sector of Kazakhstan.

Unicase Law Firm

Unicase Law Firm offers extensive industry knowledge and multidisciplinary expertise to advise clients through the whole lifecycle of energy and natural resources projects, from planning and permitting to raising project finance to the construction, commissioning and operational phases of large-scale projects. The team offer services within natural resources and renewables, and has been involved in amending and drafting national legislation and improving the regulatory framework. Founding member and partner Saniya Perzadayeva  is well regarded for her industry expertise in energy and renewables, while Raushana Chaltabayeva advises in energy and infrastructure project development within Central Asia. Nurlan Kubenov has a track record in advising clients in cross-border mandates involving clients in renewable energy and oil and gas.

Praxisleiter:

Saniya Perzadayeva; Raushana Chaltabayeva


Weitere Kernanwälte:

Nurlan Kubenov


Referenzen

‘Impressive depth of knowledge of Kazakh energy law displayed by the practice.’

‘Raushana Chaltabayeva is extremely engaged in the process of drafting proposed legal amendments to existing regulations, and to strike an excellent balance between proposing ideas for us to consider while not seeking to impose her own thinking. We also very much appreciated her enthusiasm and upbeat nature during what was a tiring and stressful series of client meetings. ’

‘Unicase has been an easy and obvious choice of a partner, as the team has indigenous and unique experience in the CA region – probably not an overstatement to say they pioneered implementing PPP in the energy and decarbonisation space in the region and still contributing. The team has been proactive and professional in our collaborations across a number of projects, which we appreciated a lot. ’

Kernmandanten

China Civil Engineering Construction Corporation


China Power International Holding (CPIH)


Total Eren


USAID


Uzbekhydroenergo


ALES (Joint Stock Company Almaty Electric Stations)


Economic Consulting Associates (ECA)


World Bank


AEQUITAS

Led by Yelena Manayenko, AEQUITAS specialise on a range of issues across its subsoil use practice, having advised clients on business structuring, asset acquisition and privatisation. The team has participated in negotiations on mineral-exploration and production contracts between investors and the Kazakh government, alongside assisting in international arbitrations and Kazakh courts to settle disputes over matters related to the activities of mining and processing companies.  Almagul Agadil advises major transnational companies in transactions involving oil and gas companies, whereas Zhandaulet Sholanov is experienced in projects dealing with subsoil use, energy issues and renewable energy.

Praxisleiter:

Yelena Manayenko


Weitere Kernanwälte:

Olga Chentsova; Almagul Agadil; Zhandaulet Sholanov


Referenzen

‘Aequitas is very knowledgeable, proactive and has been very helpful in understanding local requirements. The team is flexible and efficient. ’

‘Yelena Manayenko is very knowledgeable and was very helpful in dealing with local requirements involving a large cross-border transaction. She has demonstrated flexibility and efficiency throughout the mandate.’ 

 

Baker & McKenzie - CIS, Limited

Baker & McKenzie - CIS, Limited serves foreign and domestic clients in making investments within the Kazakh region, with knowledge about local laws combined with experience of cross-border transactions in industries including mining, power, oil and gas. In terms of mining, the team have engaged in advice and support on transactions with major mining companies and its affiliates. Azamat Kuatbekov is the managing partner of the firm and has extensive experience in participating in oil, gas and mining matters, alongside Alexander Korobeinikov heads the energy practice in the Almaty office, and has assisted clients in small and mid-size projects in the alternative energy sectors. Alexander Korchagin and Nurgul Abdreyeva are both names to watch.

Praxisleiter:

Azamat Kuatbekov


Weitere Kernanwälte:

Alexander Korobeinikov; Alexander Korchagin; Nurgul Abdreyeva


Haller Lomax

Haller Lomax covers a full spectrum of energy, environmental and natural resources law, with expertise in mining projects and transactions, with the firm handling complex matters relating to wind power and construction. Timur Odilov is a co-founding partner and has worked closely with the Ministry of Ecology, Geology and Natural Resources alongside major mining companies to craft new mining legislation, such as the development of Subsoil Use Code 2017. Arman Bigazin, also a co-founding partner, specialises in energy, construction and environmental law, who offers advice to energy companies seeking to enter the national market, while Mikhail Abdulov is experienced in oil and gas and mining matters.

Praxisleiter:

Arman Bigazin; Timur Odilov


Weitere Kernanwälte:

Mikhail Abdulov


Kernmandanten

Eurasia Resource Group


Kazakhstan Fortescue LLP


Pallas Resources Ltd


World Bank Group


Arras Minerals Corp.


IG Global Group


ERG Capital Projects LLP


Hatch Associates Ltd.


NCOC


Highlight-Mandate


  • Advising ERG Capital Projects LLP, a subsidiary of Eurasian Resources Group (ERG), on the 150MW Wind Power Plant project near Khromtau city (western Kazakhstan).
  • Advising the Ministry of Environment and Natural Resources of the Republic of Kazakhstan (through UNDP) on draft amendments to the new Environmental Code and other current laws in Kazakhstan fully adopted by the Parliament in June 2023.
  • Advising the World Bank Group on the development of a report on the state of regulation of the mining industry and its implementation in practice for Kazakhstan. The report, titled “Diagnosis of the mining sector” aimed to analyze the current situation of the mining sector in Kazakhstan, implementation of the Subsoil Use Code (being developed by partner Timur Odilov) and provide recommendations for its further development and needed institution actions.

Sayat Zholshy & Partners

Sayat Zholshy & Partners provides legal support for energy clients in the oil and gas and mining sectors, including the suppliers of technologies and equipment and the providers of transportation services to the businesses operating in this sector. Rustam Ospanov  has extensive experience in tax law and tax dispute work in connection with transportation of oil and petroleum products by railways, as well as the operation of railway infrastructure and provision of railway maintenance services.

Praxisleiter:

Rustam Ospanov


Referenzen

‘Sayat Zholshy & Partners provides exceptional legal services at high level. ’

‘They are very good lawyers. Vitaliy leads their Dispute Resolution practice and is a top litigator in Kazakhstan.’

‘Generally, we rate them as a well-established and reputable firm. Real professionals of their craft.’

Kernmandanten

TengizTransGaz


Alautransservice


CAIH POWER


PM Lucas Kazakhstan LLP


Tranco


TotalEnergies


Temir-Service LLP


Highlight-Mandate


  • Advised Temir-Service LLP on debt restructuring.
  • Advised TengizTransGaz on corporate and regulatory issues.
  • Advised Tranco JSC on corporate and regulatory issues.

White & Case Kazakhstan LLP

Led by Maxim TelemtayevWhite & Case Kazakhstan LLP advises clients on oil and gas, including cross-border transactions and M&A related matters for energy clients. The firm combines its industry experts with product specialists to offer clients a one stop shop service, pairing energy and natural resources with their corporate and M&A, project development and finance, capital markets and disputes practice areas. Zangar Nogaibay is recognised for his work for clients in a wide variety of energy areas, including mining, transportation, geophysical and uranium, while Adil Nurmaganbetov focuses on energy and natural resources mandates. Since publication, Semion Issyk left the firm.

Praxisleiter:

Maxim Telemtayev


Weitere Kernanwälte:

Zangar Nogalbay; Adil Nurmaganbetov


Referenzen

‘Excellent knowledge of the local figures in Government and the Ministries.’

‘Maxim Telemtayev – plugged in with officials in the sector.’

 

Kernmandanten

Nostrum Oil & Gas plc


National Company “KazMunayGas”


Highlight-Mandate


Deloitte TCF, LLP

Led by Olessya Kirilovskaya, Deloitte TCF, LLP has experience advising domestic and international clients in a range of sectors including energy and resources, construction and mining, with the team working closely with its tax and corporate finance team to offer a 'one-stop shop' service for clients. Assel Assubayeva  has experience in privatisation projects, while Aigerim Yerzhan has participated in various audits of oil and gas operations and clarifications on subsoil use issues.

Praxisleiter:

Olessya Kirilovskaya


Weitere Kernanwälte:

Assel Assubayeva; Aigerim Yerzhan


Ernst & Young Kazakhstan LLP

Ernst & Young Kazakhstan LLP handle a wide variety of matters for clients in the energy sector including decarbonisation, cost pressures and geopolitical uncertainty, alongside mining, oil and gas and power. The team is able to offer advice to clients on cross-border issues, alongside offering a synergised practice, offering tax advisory services alongside their energy work. Erlan Dosymbekov is the managing partner in Kazakhstan and Central Asia, while Dinara Tanasheva specialises in subsoil use rights and litigation. Gauhar Kudaibergenova has joined as a director from SIGNUM Law Firm and is experienced in advising clients in the mining, oil and gas sectors.

Praxisleiter:

Dinara Tanasheva; Gaukhar Kudaibergenova


Weitere Kernanwälte:

Erlan Dosymbekov


Highlight-Mandate


Integrites

Integrites offers a range of legal services for national government agencies, departments and private clients in the energy and natural resources sector. Svetlana Shtopol co-leads the practice with Kurmangazy Talzhanov, with Shtopol having over ten years experience in the field of subsoil use and project management in the mining sector, whereas Talzhanov advises clients on mining and energy law alongside M&A related to energy companies. Senior associate Chengis Yessupov joined the firm from Ernst & Young Kazakhstan LLP in April 2023.

Praxisleiter:

Svetlana Shtopol; Kurmangazy Talzhanov


Weitere Kernanwälte:

Assel Idrissova; Elmira Abdrakhmanova; Chingis Yessupov; Shynazarova Tolkynay


Kernmandanten

HeidelbergCement


GRK Metallinvest


KAZPETROL GROUP


Highlight-Mandate


KPMG Tax&Advisory LLC

KPMG Tax&Advisory LLC provides a multi-disciplinary approach in cooperation with other KPMG service lines in tax, deal advisory and management consulting to offer a one-stop shop solution for clients in relation to EPC contract matters, drafting and construction for power plants and gas processing plants. The firm has also engaged in renewable energy projects, having advised on the construction and operation of wind power plants. Alexey Abramov leads the practice, while Yekaterina Kuzmina has experience in due-diligence projects support for companies in the oil and gas sector. Satzhan Mukatayev is focused on providing legal advice for companies operating in the renewable energy and oil and gas sectors. Since publication, Imanbayev Bakdaulet left the firm.