Energy & Natural Resources
Kazakhstan holds some of the world’s largest proven hydrocarbon reserves and is a major global producer of uranium, coal, and metals. The energy and natural resources sector is the backbone of the Kazakhstani economy, attracting sustained foreign direct investment from multinational energy companies, trading houses, and sovereign wealth funds.
Bond Stone advises clients across the full project lifecycle — from subsoil use rights acquisition and production sharing agreement structuring through to regulatory compliance, asset transfers, and cross-border dispute resolution. Our work spans oil and gas, uranium, coal, renewable energy, and electricity market regulation.
Kazakhstan’s upstream sector is governed by the Subsoil Code of 2017, which establishes licence and contractual regimes for subsurface use rights. State pre-emptive rights, trunk pipeline restrictions, and mandatory local content requirements create a complex compliance environment that requires experienced in-country counsel.
Our energy and natural resources practice covers: subsoil use licensing and contract negotiation; production sharing and joint venture agreements; Ministry of Energy regulatory filings; asset acquisition due diligence; project finance and security structuring; cross-border M&A involving energy assets; and dispute resolution before Kazakhstani courts and the AIFC Court.
