Kazakhstan - Amendments To The Code On Subsoil And Subsoil Use.

March 11, 2024 by Rohin Pujari

In light of the “Amendments to the Code on Subsoil and Subsoil Use,” stakeholders need to know the nuances of the state’s authority in subsoil management. The amendments grant the state significant prerogatives beyond the mere acquisition of relinquished subsoil use rights. This paper looks into the expanded powers of the state in procuring assets associated with subsoil rights, particularly in strategic subsoil areas, and outlines additional rights vested in the state.

WRITTEN BY

For further information, please contact:

Ayana Unerbayeva – Partner, Unicase Law Firm,
ayana.u@unicaselaw.com

About

Ayana is a Partner at Unicase and a Head of Tashkent office. She has more than 10 years’ experience in advising corporate practice clients, including mergers and acquisitions, domestic and international corporate finance, IPOs, private equity, joint ventures, public takeovers, corporate governance, restructuring, and insolvency. Ayana has a profound track record in many industries such as corporate law and M&A, finance and securities.

Ayana has significant experience in conducting complex due diligence of oil and gas and mining companies, implementing acquisitions and disposals, including transactions governed by foreign law. She works across a wide spectrum of corporate issues, advising on optimal investment and corporate vehicles to meet Clients’ particular needs and protect their interests. Recently, Ayana has been advising clients in energy, PPP and infrastructure projects related to the Uzbekistan jurisdiction.

Ms Unerbayeva is a member of Kazakhstan Bar and Kazakhstan Lawyers’ Associations, with a brilliant LLM in Banking and Financial Law from Boston University, MA, and an outstanding LLB from Al-Farabi Kazakh National University.