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Subsurface Resources Management

Support of Development and Harmonization of Legislative Acts within the Sphere of Subsurface Resources Management
  • The Law of the Republic of Kazakhstan “On Subsurface and Subsurface Use” ;
  • The Law of the Republic of Kazakhstan “On State Regulation of Production and Turnover of Certain Types of Petroleum Products” ;
  • The Law of the Republic of Kazakhstan “On Gas and Gas Supply” ;
  • Participation in the development of the “Code of the Republic of Kazakhstan on Subsurface and Subsurface Use” ;

Within the framework of this service we perform the following activities:

  • Consultative support during development of draft laws of the Republic of Kazakhstan ;
  • Consultative support during coordination of comments and/or proposals with the Developer (a competent body) of the draft law, and other interested state bodies of the Republic of Kazakhstan;
  • Support during the expert examination of draft laws;
  • Support in the coordination of draft laws in the Office of the Prime Minister of the Republic of Kazakhstan;
  • Participation in meetings (working groups) of the KazEnergy Association, a competent body, the Parliament of the Republic of Kazakhstan;

Support of Development and Harmonization of Decrees of the Government of the Republic of Kazakhstan and Intergovernmental Agreements

  • Our Company has developed and accompanied the execution of Intergovernmental Agreements on cooperation between Kazakhstan and China, as well as the Decree of the Government related to the construction and operation of the Atasu-Alashankou oil-trunk pipeline;
  • Intergovernmental Agreement between the Government of the Russian Federation and the Government of the Republic of Kazakhstan on trade and economic cooperation in the field of Russian oil transportation through the territory of the Republic of Kazakhstan to China;
  • Agreement between the Republic of Kazakhstan and the Russian Federation on use of the State Flying Test Centre (regarding withdrawal from the Taysogan field);
  • Within the framework of the Kashagan project, it was necessary to approve the PPRC on determining the recipient of a stake on behalf of the state and approving the rules for the performance of obligations in kind;
  • Development, coordination and adoption of the Decrees of the Government of the Republic of Kazakhstan concerning approval of regulations for classifying a field (group of fields, part of a field) of raw hydrocarbons as low-productivity, high-viscosity, low-debit, with water contents and depleted categories as well as the tax assessment method in terms of the mineral replacement tax
  • Participation in the development of gasification of the Republic of Kazakhstan master plan preparation and adoption of the Decrees of the Government of the Republic of Kazakhstan.

Development and Support of the Procedure for Coordination of Additional Agreements to the Contract for Subsurface Use under the Following Issues:

  • local content;
  • obligations on social and economic development of the region, training of personnel, etc.;
  • tax and customs stability;
  • harmonization of contracts for customers with a model-based contract.

Counseling on Practical Application of New Legislation in the Field of Subsurface Use:

    Practical implementation of the Law provisions demonstrates that there is a number of norms complicating a production activity of subsurface users:
  • In the production cycle (in particular, issues related to funding of associated gas utilization, etc.)
  • Under procedural provisions (abolition of annual work programs and preparation of a work program for entire period of a contract stage, etc.)
  • On stability of contracts issues (local content, tax and customs stability)
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WE TRUST
OUR PROJECTS
OUR TEAM
Miran MAULENOV
Chairman of the Board (Council of Partners)
Diyar YERESHEV
Managing Partner
Galymzhan ZHAKUPOV
Managing Partner
Yessen MASSALIN
Managing Partner
Serik ZHAMANBALIN
Managing Partner
Yessen Nuraly
Junior Partner
Assel AGUANOVA
Advisor
Akbota NAURYZOVA
Director of the Group of Analytical Work
Daniyar NURKEYEV
Director of the Corporate Group
Dana OMAROVA
Director of the Tax Advice and Tax Appeal Group
Yekaterina NURPERZENTOVA
Director of the Litigation Practice Group
Batyrkhan Iralimov
Director of the Unit of project and financial analysis
Nurzhan Karabayev
Director of transfer pricing group
OUR TEAM
Miran MAULENOV
Chairman of the Board (Council of Partners)
Diyar YERESHEV
Managing Partner
Galymzhan ZHAKUPOV
Managing Partner
Yessen MASSALIN
Managing Partner
Serik ZHAMANBALIN
Managing Partner
Yessen Nuraly
Junior Partner
Assel AGUANOVA
Advisor
Akbota NAURYZOVA
Director of the Group of Analytical Work
Daniyar NURKEYEV
Director of the Corporate Group
Dana OMAROVA
Director of the Tax Advice and Tax Appeal Group
Yekaterina NURPERZENTOVA
Director of the Litigation Practice Group
Batyrkhan Iralimov
Director of the Unit of project and financial analysis
Nurzhan Karabayev
Director of transfer pricing group

NEWS
The Code of the Republic of Kazakhstan “On Subsoil and Subsoil Use” signed by the Head of the State on December 27, 2017
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For all subsurface users, regardless of stage (exploration, production), except for carrying out: PSA activities;
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On November 6, 2018, President of Kazakhstan Nursultan Nazarbayev has officially opened the International Technopark of IT-startups «Astana Hub».
Read more
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About us
History of development
For more than fifteen years our Company has been operating in the Kazakhstan's market of consulting services. During this period, our company has acquired the reputation of a trusted and prudent partner. Moreover, our Company provides a various scope of services at the highest level and in the meantime shows operational efficiency.
Our Foundation
Our team of professionals honor personal touch of each staff and has a gust of personal contribution to the common cause. We encourage the Client to get an understanding of the matter rather than just state what is required to be done. Over fifteen-year period of practice, we have developed our own way of thinking when it comes to the attitude on business approaches.
Consulting Is More Than Giving Advice...
It's our way of life rather than just a regular conduct of business. Every hour of managing the client relationship is unique and priceless, as a day of our life went by. We will never be satisfied with what has already been achieved because each of us strive to take a step further and an hour ahead of our Clients’ requests with the only purpose to support and help them make the right choice.