INDUSTRY \u00a0\u00b7\u00a0 ENERGY & NATURAL RESOURCES<\/p>\n
Energy and Natural Resources in Kazakhstan<\/p>\n
Kazakhstan holds some of the world\u2019s 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.<\/p>\n
Bond Stone advises clients across the full project lifecycle \u2014 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.<\/p>\n
Kazakhstan\u2019s 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.<\/p>\n
Our energy and natural resources practice covers:<\/strong> 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.<\/p>\n Read our full Energy & Natural Resources legal services overview \u2192<\/strong><\/a><\/p>\n Oil & Gas<\/p>\n Kazakhstan is one of the world\u2019s top 15 oil producers. The three major fields \u2014 Tengiz (Chevron-operated), Kashagan (North Caspian Operating Company), and Karachaganak (BG Group\/Shell\/Chevron\/ENI) \u2014 are operated by international oil majors. KazMunayGaz (KMG) retains a participation interest in most major fields. Subsoil use licence acquisitions require state pre-emption right notification and written waiver from the Ministry of Industry and Infrastructure Development before any transfer is valid.<\/p>\n<\/div>\n Renewable Energy<\/p>\n Kazakhstan has committed to generating 15% of electricity from renewable sources by 2030. The renewable energy support framework is based on fixed PPA tariffs with the Single Buyer and Ministry of Energy project registration under the Law on Support of Use of Renewable Energy Sources. 68 new energy projects were scheduled as of 2026, including five new hydropower plants in Zhetysu Region. Bond Stone has advised CWE (China Three Gorges) on renewable energy M&A and investment structuring in Kazakhstan since 2007.<\/p>\n<\/div>\n Uranium<\/p>\n Kazakhstan is the world\u2019s largest uranium producer, accounting for approximately 43% of global uranium output through Kazatomprom and its joint venture partners. Uranium mining requires subsoil use licences with specific regulatory requirements around radiation safety, environmental permitting, and export controls. Foreign investment in the uranium sector is subject to strategic sector approval requirements.<\/p>\n<\/div>\n Mining & Metals<\/p>\n Kazakhstan holds significant reserves of copper, gold, zinc, chromite, manganese, and rare earth minerals. The mining sector is one of the most active for cross-border M&A by Chinese, Australian, and European investors. Bond Stone advises IRKAZ Metal Corporation LLP on all corporate, licensing, and regulatory matters at the Borly copper deposit \u2014 a 5,000 tonne\/year cathode copper plant using heap leaching, with a third expansion phase underway targeting an additional 5,000 tonnes annually. Bond Stone also manages subsoil licence acquisitions and mining sector M&A mandates for international mining investors. See: Mining & Metals Industry Hub \u2192<\/a><\/p>\n<\/div>\n Power Generation & Grid Infrastructure<\/p>\n Kazakhstan\u2019s national electricity transmission grid is operated by KEGOC (Kazakhstan Electricity Grid Operating Company). Bond Stone has conducted a legal audit of KEGOC (mandate value: USD 13 million) for infrastructure investor clients and advises on grid connection agreements and power purchase agreements for renewable energy projects.<\/p>\n<\/div>\n CWE \/ China International Water & Electric Corporation (China Three Gorges)<\/p>\n Bond Stone advised CWE on the Moinak Hydropower Plant (300MW, USD 360 million) \u2014 Kazakhstan\u2019s first major Sino-Kazakh energy infrastructure project \u2014 and continues to advise on CWE\u2019s renewable energy portfolio mandate covering wind, solar, and hydropower projects.<\/p>\n \u201cMoinak HPP was successfully commissioned on June 24th, 2013. BOND STONE acted as a legal consultant for the project on behalf of the China International Water & Electric Corporation.\u201d \u2014 Van Jing, CWE<\/em><\/p>\n<\/div>\n Tengizchevroil (Chevron)<\/p>\n Bond Stone has provided ongoing legal support to Tengizchevroil \u2014 the Chevron-operated oil and gas joint venture at the Tengiz field \u2014 for construction and regulatory matters at the Kulsary project in Atyrau Region.<\/p>\n \u201cBOND STONE has established itself as a reliable provider of legal services. To confirm it, I can mention the reconstruction of the water supply system in Kulsary.\u201d \u2014 Myra Esengeldieva, Tengizchevroil<\/em><\/p>\n<\/div>\n Kusha Madan Consulting Engineers<\/p>\n Bond Stone has advised Kusha Madan Consulting Engineers (KMCE) since 2018 on legal matters across its engineering and infrastructure projects in Kazakhstan.<\/p>\n \u201cTheir profound expertise, unwavering commitment to professionalism, and their ability to promptly cater to our legal needs have played a pivotal role in our sustained prosperity.\u201d \u2014 Arash Pashapour, Branch Office Director, Kusha Madan Consulting Engineers<\/em><\/p>\n<\/div>\n IRKAZ Metal Corporation (Kavand Nahan Zamin \/ Iran)<\/p>\n Bond Stone advises IRKAZ Metal Corporation LLP \u2014 a joint Kazakh-Iranian venture operating the Borly copper cathode plant in Karaganda Region \u2014 on corporate, subsoil licensing, construction permitting, environmental compliance, and regulatory matters. The plant operates at 5,000 tonnes of cathode copper per year using heap leaching, with a third phase expansion underway. Borly deposit: 115 million tonnes of ore at 0.35% average copper content. Total investment: USD 20 million.<\/p>\n<\/div>\n Why Bond Stone for Kazakhstan Energy & Natural Resources<\/p>\n \u2726 Legal 500 EMEA Top Tier \u2014 Energy and Natural Resources, Kazakhstan<\/p>\n \u2726 USD 3.68 billion \u2014 KMG International \/ CEFC China Energy acquisition (lead Kazakhstani counsel)<\/p>\n \u2726 USD 360 million \u2014 Moinak Hydropower Plant, CWE \/ China Three Gorges (legal consultant, commissioned June 2013)<\/p>\n \u2726 18+ years advising Chinese energy investors entering Kazakhstan \u2014 EPC, M&A, renewable energy, subsoil licences<\/p>\n \u2726 Almaty and Astana offices \u2014 direct engagement with Ministry of Energy, Ministry of Industry, KEGOC, and AZRK<\/p>\n<\/div>\n Primary authority: adilet.zan.kz<\/a> \u00a0\u00b7\u00a0 Bond Stone offices: Almaty<\/a> \u00a0\u00b7\u00a0 Astana<\/a><\/p>\n Contact Bond Stone for a confidential discussion about energy investment, subsoil licences, oil and gas M&A, or renewable energy projects in Kazakhstan.<\/p>\n \ud83d\udce7 info@bondstonelaw.com<\/a><\/p>\n \ud83d\udcde +7 (701) 729 76 72<\/a><\/p>\n Request a Confidential Consultation<\/a>Energy Law Practice Area \u2192<\/a>Subsoil Use Licensing \u2192<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Legal advisory for energy companies, investors, and trading houses across Kazakhstan’s oil, gas, uranium, and renewables sectors.<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","class_list":["post-4399","industries","type-industries","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.5","language":"ru","enabled_languages":["en","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":true},"ru":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/industries\/4399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/industries"}],"about":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/types\/industries"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nKazakhstan Energy Sector \u2014 Key Segments<\/h2>\n
\nKey Clients \u2014 Energy & Natural Resources<\/h2>\n
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\nDiscuss your Kazakhstan energy matter<\/h2>\n