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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:
a leading multinational energy consortium in Kazakhstan on prospective treaty arbitration cases against the Republic of Kazakhstan arising from the imposition of environmental fines and penalties arising from the corrosion and fracture of a sour gas pipeline in 2013 and worth more than USD 700 million
a leading multinational energy consortium in Kazakhstan on disputes with the Republic of Kazakhstan concerning tax audit issues and the correct treatment of Export Customs Duties ("ECDs") under Kazakh law
a leading multinational energy consortium in Kazakhstan on pricing disputes with a JSC Kaztransgas subsidiary arising from increased tariffs imposed by a state entity for the transportation of dry gas, including advice on expert determination, treaty arbitration and local court remedies
a consortium of energy companies on contractor claims arising from productivity issues, disputed variation orders and related matters arising at an oil and gas megaproject in the Republic'
an international E&P company in Kazakhstan on pricing disputes arising under a 20 year GSA with an Asian counterparty and subject to expert determination
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)
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