ALB LAW AWARDS: China Law Awards 2009, Shanghai, China. Date: 24th April 2009. GRATA Law Firm - winner in the Project Finance Deal of the Year Category.

ALB LAW AWARDS: China Law Awards 2009, Shanghai, China. Date: 24th April 2009.
GRATA Law Firm - winner in the Project Finance Deal of the Year Category.

GRATA has been advising both the Bank of China and the China Development Bank on the Central Asia-China Gas Pipeline project since October, 2008.
 
The deal was awarded "Best Project Finance Deal of the Year" by the ALB Law Awards on 24 April, 2009, in Shanghai, and GRATA Law Firm was among the winners as a law firm advising on the project.
 
GRATA's leading specialists working on the Kazakhstan part of the deal include:
Assel Mukhambekova, Dina Pak, Kamilya Nurpeissova, Leyla Makhmetova, Ayana Unerbayeva and Eldar Arystanov.

GRATA leading specialists working on the Uzbekistan part of the deal include:
Sofiya Shakhraziyeva and Atabek Sharipov.

The project was coordinated by Rashid Gaissin and Aliya Aralbayeva for Kazakhstan part, and Zafar Malikov and Umid Aripdjanov for Uzbekistan part.
 
Central Asia-China Pipeline
 
Following the signing of an agreement in late 2007, China, Kazakhstan and Uzbekistan agreed to continue with plans to construct a natural gas pipeline in 2008-2009 that would give Beijing access to Caspian Sea gas reserves.
 
The Turkmenistan-Uzbekistan-Kazakhstan-China Gas Pipeline is designed to transport natural gas to China at a rate of 30 billion m3/year, and it will also supply the southern regions of the Republic of Kazakhstan (Kyzylorda oblast, South-Kazakhstan oblast, Zhambyl oblast and Almaty city) with gas at a rate of 10 billion m3/year.