Region: Kazakhstan
Insolvent UK company files ECT claim against Kazakhstan
UPDATED: An insolvent UK oil and gas company has brought a long-threatened Energy Charter Treaty claim against Kazakhstan, seeking at least US$112 million over an alleged corporate raid on its local assets.
24 March 2025
Turkic association appoints first secretary
The Turkic Arbitration Association has appointed Kyrgyz practitioner Zhagul Altynbekova as its first general secretary.
21 March 2025
Kashagan consortium wins interim relief against Kazakhstan
An international consortium has reportedly won interim relief in its US$160 billion dispute with Kazakhstan over the Kashagan oil field – seeking to stop the state from collecting on a US$5 billion fine.
10 March 2025
Kazakhstan wins challenge to second award in uranium dispute
A London court has found that an investment treaty award requiring Kazakhstan to pay over US$55 million to a Canadian mining company was marred by serious irregularity because it failed to deal with “the centrepiece” of the state’s defence on damages.
03 March 2025
Gazprom venture settles Kazakh gas supply dispute
An affiliate of Russia’s Gazprom says it has settled a billion-dollar arbitration with an Eni-Shell consortium over supply of gas from the Karachaganak field in Kazakhstan.
02 January 2025
Squire Patton Boggs opens in Kazakhstan
Squire Patton Boggs has launched an office in Kazakhstan’s capital, which will be staffed by three new disputes partners formerly of Curtis Mallet-Prevost Colt & Mosle.
29 October 2024
Kazakhstan settles gas pricing dispute
A Cayman-registered energy company says it has agreed not to arbitrate a dispute with Kazakhstan's national gas company over the price of deliveries, as a consortium reportedly resumes talks to settle claims raised by the state in a US$150 billion arbitration.
03 October 2024
World Bank defeats claim over bribery audit
An UNCITRAL tribunal has dismissed a claim brought against the World Bank by a London-based consultancy that alleged it was improperly audited over corruption allegations.
24 September 2024
Statis settle with Kazakhstan
Kazakhstan has agreed to settle its long-running dispute with Moldovan investors Anatolie and Gabriel Stati, which led to sprawling efforts to enforce a US$500 million Energy Charter Treaty award that the state claimed was obtained through fraud.
16 July 2024
Kazakhstan files mega-claim in oil block dispute
Kazakhstan has reportedly filed an additional claim for up to US$138 billion in lost profits in its pending arbitration against the developers of one of the world’s largest oil fields.
17 April 2024