The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon


Work +7 727 396 8968
Fax +7 727 396 8990
Almaty, Astana

Dr Olga Chentsova

Work +7 727 3 968 968

Work Department

Energy & Natural resources, Environmental, Construction & Real Estate, M&A, Law-Making


Managing Partner, Head of Energy & Natural resources practice.
Areas of specialization are civil law, investment, environmental, oil and gas and mining legislation, private international law and construction.


After graduating from the law department of Kazakh State University, she was invited to work as a professor of civil, economic and Roman law at the University.  Ms. Chentsova earned her Doctor of Law degree in 1990. Thesis subject “Civil Sanctions Mechanism in Capital Construction”. In 1990–1991, she worked as an advisor at the Supreme Arbitration Court of the Republic of Kazakhstan.  From 1991 to 1993, Ms. Chentsova was heading the contract and legal department of Kazmetallexport, a state-owned foreign trade company.  Since AEQUITAS establishment in 1993, she has been its Managing Partner.

Ms. Chentsova has been advising major global oil and mining companies and leading local companies on issues pertaining to civil, corporate and environmental legislation, investment, subsoil use, litigation and arbitration for more than twenty years.

Ms. Chentsova was on several governmental working groups to develop important commercial legislative acts of the Republic of Kazakhstan (including the Civil Code, Foreign Investment Law, Petroleum Law, etc.).  When engaged by the Scientific Private Law Research Institute under the Kazakh State Law Academy (Private Law Center), she participated in the discussion and preparation of proposals to improve the civil legislation, including the Civil Code, the Subsoil Code and a number of other statutes and regulations.

Ms. Chentsova is an arbitrator for a number of Kazakh and international arbitration courts, including Center of Arbitration of the National Chamber of Entrepreneurs of the Republic of Kazakhstan, International Arbitration Court of the Republic of Kazakhstan (IAC), Kazakhstan International Arbitration (KIA), International Arbitration Tribunal of IUS Legal Center, International Commercial Arbitration Court (ICAC) and International Commercial Arbitration Court of the Eurasian Mediation Center.

For many years Olga Chentsova has been recommended as a leading lawyer in Energy, Natural Resources, Oil & Gas, Dispute Resolution and M&A areas by a number of reputable international editions, such as Chambers & Partners, The Legal 500 and Who’s Who Legal. In 2018 she has been named to the Legal 500 Hall of Fame, recognizing her selection to the publication’s list of the nation’s leading lawyers in Corporate, commercial and M&A practice for seven consecutive years.

Her articles on various aspects of commercial law and subsoil legislation of the Republic of Kazakhstan are regularly published in foreign and local magazines and periodicals. In September 2018 she has been awarded a medal of the Ministry of Energy "For contribution to the oil and gas industry development".


English, Russian


International Bar Association (IBA)
Association of International Petroleum Negotiators (AIPN)
Kazakhstan Petroleum Lawyers’ Association (KPLA)
Kazakhstan Bar Association (KazBar)
Central Council of the National Public Association “Kazakhstan Union of Lawyers”
Advisory Board of the Best Lawyers publication


Kazakh State University (Doctor of Law degree, 1990)
Kazakh State University (Law degree)


Animal law and animal rights, public foundation and animal shelter "Tail Paradise", culinary and restaurant, business books and publications


Energy and natural resources

Within: Energy and natural resources

The team at AEQUITAS has a 'highly professional approach' and provides 'excellent quality of legal services'. Natalya Braynina led a team providing local counsel on a transaction involving the alienation of Kazakhstan assets with respect to six different subsoil use companies. In this matter, Braynina was supported by senior associate and fellow subsoil expert Yelena Manayenko, who clients praise as 'very professional'. Olga Chentsova is also highly recommended.

[back to top]

Real estate and construction (including projects)

Within: Real estate and construction (including projects)

The team at AEQUITAS is best known for advising on the construction of major industrial and social facilities and large residential complexes in Kazakhstan. In addition, the firm regularly provides support to infrastructure projects. Olga Chentsova and Nurlan Sholanov lead the team.

[back to top]

Back to index

Legal Developments in Kazakhstan

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to