Shearman and (more) Sterling

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By Mikhail Abdulov  Introduction If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan (“RoK”), it shall obtain a relevant subsoil use right (“SUR”), which is formalized by execution of a relevant subsoil use contract (“SUC”). An investor may obtain SUR either directly (SUR acquisition from an acting subsoil user or from […]

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