Kazakhstan changes AIFC rules after Naftogaz-Gazprom case
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Kazakhstan's government amended the legal framework of the Astana International Financial Centre (AIFC) following a dispute between Ukraine's Naftogaz and Russia's Gazprom. The changes aim to limit the AIFC's jurisdiction over certain international disputes. The move comes amid growing concerns over the centre's role in arbitration cases involving state-owned entities.
The Legal Amendment
Kazakhstan's cabinet approved changes to the AIFC's legal framework on July 15, 2026, according to Exclusive.kz. The amendments restrict the AIFC Court's authority to hear disputes involving foreign state-owned enterprises unless both parties consent. The move directly responds to a case filed by Ukraine's Naftogaz against Russia's Gazprom at the AIFC in 2025.
The Naftogaz-Gazprom Case
In 2025, Naftogaz sought to enforce a $5 billion arbitration award against Gazprom through the AIFC Court. Gazprom challenged the jurisdiction, arguing the AIFC was not designed for disputes between foreign state entities. The case highlighted a legal loophole that allowed non-Kazakh entities to use the centre for international claims.
Implications for AIFC
The AIFC, launched in 2018, has handled over 200 cases, with a growing share involving foreign parties. Legal experts say the amendment may reduce the centre's attractiveness for international arbitration. The government stated the changes are meant to protect Kazakhstan's interests and prevent the AIFC from being used in disputes unrelated to the country.
AI Integration in AIFC Court
The AIFC Court has introduced an artificial intelligence system for dispute resolution, achieving nearly 100 percent accuracy in transcribing hearings. The technology was presented in Astana and is expected to be used in international commercial disputes and arbitration proceedings.
What's Next
The amended rules take effect immediately, but existing cases, including the Naftogaz-Gazprom dispute, will proceed under previous regulations. It remains unclear whether the changes will deter future international filings or prompt other jurisdictions to review their own arbitration frameworks.
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Kazakhstan changes AIFC rules after Naftogaz-Gazprom case
