Sergei Lomako's practice is concentrated on access of Western businesses to petroleum industries in the countries of the Former Soviet Union. His experience includes international petroleum transactions, foreign states' public policies, government relations, international law of the sea, and international commercial dispute resolution.
Mr. Lomako worked on matters involving participants based in the following jurisdictions (alphabetically): Argentina, Austria, Azerbaijan, Belarus, Belgium, Canada, Cyprus, Finland, France, Germany, Kazakhstan, Kyrgyzstan, Malta, Mexico, the Netherlands, the Russian Federation, Switzerland, Turkmenistan, the United Kingdom, Ukraine, the U.S.A., USSR, and Uzbekistan.
Selected Client Representations:
- The USSR Ministry of Oil and Gas Construction; a contract to build an oil pipeline for an international joint venture in Russia.
- White Nights JV; Russian export tax negotiation.
- Stroytransgaz; construction of a section of a gas pipeline in Nebraska with a U.S. energy company.
- ELAZ; a joint venture to assemble Chevy Blazers in Russia.
- A Russian oil exploration company's U.S. shareholder; a share transfer transaction.
- A Dutch-U.S.-UK oilfield business support group; access to the Sakhalin market via incorporation of a joint venture in Russia.
- A Russian independent oil and gas group; petroleum licenses due diligence in a UK placement project.
- A UK-based international client; an acquisition of certain large producing petroleum assets in Kazakhstan.
- State entities of Turkmenistan; the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project.
- State entities of Turkmenistan; a major ICC arbitration regarding a large gas exploration international joint venture.
- State entities of Turkmenistan; a major ICC arbitration and U.S. federal and appellate proceedings regarding a large oil and gas exploration and production international joint venture.
- State entities of Turkmenistan; an ICC arbitration regarding a large refinery in Turkmenistan.
- A Western client; an international arbitration against a major Ukrainian manufacturer.
- A Ukrainian construction company; a project of an acquisition of a methanol plant in the U.S.A., dismantling, shipping to Russia, and assembly in Russia.
Professional Recognition
- Member of several committees established between the Mayors' offices of the cities of Houston and Moscow.
- Member of the Russian government's official Group of Experts on drafting Russia's petroleum and mineral resources laws and public policy, including 'The Law on Subsoil' and the 'Regulations for the Subsoil Use Licensing.'
- Arbitrator (Russia); approved by the Moscow Chamber of Commerce and Industry's Order on the List of Arbitrators of the Moscow Chamber's commercial Arbitration court (since 2008).
- A State Decoration (medal) under a Decree by President Yeltsin.
- Representative of the Russian Federation in the USSR Delegation at the European Energy Charter Conference (September 1991, Brussels).
Selected Representative Experience
Online Publications
02/13/2012 -
Oil, Gas & Energy Law Intelligence Guest Article: The Arctic is White Hot
With its permanent icecap shrinking, and with the Antarctic closed for commercial exploration and military use, interest in the Arctic Ocean for oil and gas exploration and transportation is increasing.
09/15/2010 -
Exploring the Great White North
The Arctic Ocean is vast both geographically - covering more than 14 million square kilometers, an area comparable to onshore Russia - and in its hydrocarbon resource potential.
04/01/2010 -
The Arctic: Past the Last Frontier
The use of the Arctic Ocean for exploration and transportation is increasing, as is disagreement regarding the rights of nations encircling it - Canada, Finland, Denmark (Greenland), Russia, and the United States.
07/01/2009 -
New Russian Law on LLCs is in Effect
On July 1, 2009, amendments became fully effective to the corporate law governing the Limited Liability Companies (LLC) (obschestvo s ogranichennoy otvetstvennostyu, Russian abbreviation “O.O.O.”). The amendments apply to the Russian Civil Code, the Law on Limited Liability Companies, and the Russian Law on Notariat.
04/09/2009 -
Recent Modifications in the Legal Regime of Russian LLCs, Client Alert (Part Two): Amendments to the Russian LLC Law
The earlier
Client Alert (Part One), issued January 16, 2009, addressed certain key changes in the Russian Civil Code resulting from December 24 (30), 2008 amendments to Russian laws governing Limited Liability Companies. The new law introduced modifications to the Russian Civil Code, the “Law on LLCs” (the Federal Law of the Russian Federation of February 8, 1998, No. 14-FZ “On Limited Liability Companies” as restated through 2008), and the law on Notariat. The modifications will become effective on July 1, 2009.
01/16/2009 -
Recent Modifications in the Legal Regime of Russian LLCs, Client Alert (Part One): Amendments to the Russian Civil Code
On December 24, 2008, the Russian Duma (Parliament) adopted amendments to the corporate law governing the Limited Liability Companies (LLC)
(obschestvo s ogranichennoy otvetstvennostyu, Russian abbreviation “O.O.O.”). The new law is titled
“On the Introduction of Modifications to Part One of the Civil Code of the Russian Federation and to Certain Legislative Acts of the Russian Federation.” (LLC Law).
09/24/2008 -
International Energy and Natural Resources, Turkmenistan Section