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Kazakhstan is a key market for many businesses and continues to offer growth and investment opportunities. 

Herbert Smith Freehills has a leading practice in Kazakhstan and has for many years served the needs of clients, across a range of sectors, doing business in the Republic. Our Kazakhstan Group supports clients with comprehensive, in-depth knowledge of the Kazakh legal and business environment.

We help our clients, both local and those investing into Kazakhstan, particularly in the energy sector, drawing on our experience negotiating with local interests on major projects. Through our extensive experience of advising on transactions and disputes in and relating to Kazakhstan, we understand how projects are managed in the region and the particular challenges they bring – whether in contentious or transactional matters, in JV matters, in procurement or against contractors.

Our team can work in Russian and English and coordinates activities between our global lawyers and local counsel.

We have advised on some of the largest energy and natural resources projects in the country, including Project Balkhash, Ekibaztus GRES, Tengiz, Karachaganak and the Kashagan oil and gas developments.

We can help you with:

  • corporate law
  • projects and infrastructure
  • construction
  • energy
  • capital markets
  • finance
  • dispute resolution

Experience

a leading multinational energy consortium

a leading multinational energy consortium in Kazakhstan on disputes with the Republic of Kazakhstan arising from audit exceptions in an Annual Work Program & Budget

a multinational energy company

a multinational energy company on disputes arising from the recovery of tax payments from the Republic of Kazakhstan following the importation of oil and gas technology equipment

a Swiss corporate investor

a Swiss corporate investor on investment treaty claims arising from tax audits, retrospective fines and penalties and the tax classification of its business model in the Republic of Kazakhstan

ABN AMRO, Vitol and the other lenders (including MUFG)

ABN AMRO, Vitol  and the other lenders (including MUFG) on a US$1 billion prepayment financing to KMG Kashagan, based on flows from the Kashagan mega-field (Energy Finance Deal of the Year – TXF Perfect 10 Awards 2017)

a confidential trading house

a confidential trading house in connection with a US$55 million loan to, and offtake arrangements with, a Kazakh mining company

Samruk Energy

Samruk Energy on the sale of 75% minus one share in Balkhash thermal power plant to Samsung C&T and the joint venture arrangements between the two parties

Key contacts

Steven Dalton photo

Steven Dalton

Partner, London

Steven Dalton
Danila Logofet photo

Danila Logofet

Partner, Dubai

Danila Logofet
Craig Tevendale photo

Craig Tevendale

Partner, London

Craig Tevendale
Olga Melo Zanelli photo

Olga Melo Zanelli

Partner, Paris

Olga Melo Zanelli
Dr Patricia Nacimiento photo

Dr Patricia Nacimiento

Partner, Germany

Dr Patricia Nacimiento
William Breeze photo

William Breeze

Partner, London

William Breeze
David Nitek photo

David Nitek

Partner, London

David Nitek
Jeremy Garson photo

Jeremy Garson

Partner, London

Jeremy Garson

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