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Oil and Gas Law

Oil and Gas Law

Financial Chain Corporation (FCHAIN) offers specialized legal consultancy in the oil and gas industry, including the broader energy and renewable energy sectors in Azerbaijan. With decades of experience and a deep understanding of national and international energy laws, we provide full legal support to companies operating in upstream, midstream, and downstream segments.

From contract negotiations and licensing to compliance with environmental and fiscal regulations, our services are designed to support the lawful, efficient, and sustainable operation of energy projects in Azerbaijan and beyond.

Contract Negotiation & Representation

We provide expert legal representation in complex negotiations with oil and gas contractors, subcontractors, and government stakeholders. Our role includes:

Drafting, reviewing, and negotiating commercial contracts
Protecting client interests in high-value, long-term energy projects
Ensuring contractual terms align with Azerbaijani law and international standards

Licensing and Regulatory Approvals

Our legal team assists clients in obtaining the full range of licenses and operational permits required by Azerbaijani authorities for oil and gas activities, including:

Exploration and drilling permits
Production licenses
Environmental and safety certifications
Regulatory filings and renewals

Advisory on Key Sector Agreements

We advise on the structuring, drafting, and execution of large-scale, high-complexity energy agreements, such as:

Production Sharing Agreements (PSAs)
Host Government Agreements (HGAs)
Joint Operating Agreements (JOAs)
Engineering, Procurement, and Construction (EPC) Contracts
Drilling Contracts and Service Agreements with contractors and subcontractors

Our legal insights ensure that these agreements are enforceable, tax-efficient, and risk-mitigated.

Environmental Compliance Advisory

Azerbaijan’s energy sector is governed by strict environmental regulations, particularly in the oil and gas space. We support clients by:

Advising on compliance with local environmental laws
Mitigating legal risks related to oil and gas exploration, production, and transportation
Assisting with regulatory audits and environmental reporting obligations

VAT Exemption for PSA Projects

We assist energy companies in obtaining VAT exemption certificates applicable under Production Sharing Agreements (PSAs). Our support includes:

Reviewing PSA contract terms for eligibility
Preparing application documents
Coordinating with tax authorities and regulatory agencies to secure timely approvals

Whether you’re developing a new energy project or navigating the legal complexities of ongoing operations, FCHAIN provides the legal foundation for your success in Azerbaijan’s energy sector.