5.5 Billion Tenge Gas Debt Settled Without Trial in Aktobe
Illustration: envato
Two companies have settled a multibillion-tenge gas dispute through mediation. The court did not disclose their identities, Orda.kz reports.
The Aktobe Region Economic Court completed proceedings in one of the region’s largest commercial disputes. From January to May 2026, one joint-stock company supplied another with more than five billion tenge worth of natural gas. The buyer failed to pay, prompting the supplier to file a lawsuit.
The case did not proceed to a full trial. Both companies accepted the court’s offer of mediation. The debtor acknowledged the debt and agreed to repay more than 5.5 billion tenge by October 2026 under an agreed schedule.
The parties established procedures for paying for current gas consumption, agreed to reconcile their accounts monthly and set out a mechanism for fulfilling their obligations, the court said.
The court approved the mediation agreement and closed the case. The claimant was refunded 86.5 million tenge in state fees.
Who Could Be Involved?
The court identified the parties only as joint-stock companies. Orda.kz could not independently establish their identities, although the number of companies that could potentially be involved is limited.
QazaqGaz Aimaq JSC, formerly KazTransGas Aimak, is the main supplier of natural gas to end users in the Aktobe region. The company is a subsidiary of the national gas company QazaqGaz and operates in 14 regions.
The buyer could be one of the region’s major industrial consumers. These include oil producer CNPC-Aktobemunaigas JSC, Eurasian Resources Group enterprises involved in ferroalloy and chromium production, and other energy-intensive companies.
A debt exceeding five billion tenge for five months of gas supplies indicates that the buyer is likely to be a major industrial consumer.
Orda.kz previously reported that the AIFC Court in Astana had authorized Ukraine’s Naftogaz to recover more than $1.4 billion from Russia’s Gazprom. The dispute concerned a gas-transit contract involving Ukrainian territory. Kazakhstan’s Justice Ministry later said the ruling would not be enforced in the country.
Original author: Ruslan Loginov
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