Otabek Suleymanov is a Partner in the Tashkent office.

Otabek’s major practice focus includes Corporate / M&A and Banking & Finance. Sector-wise he primarily focuses on chemicals, mining, oil & gas and energy. His typical clients are involved in asset purchase, privatization, investment, setting up corporate structures, entering into concessions and investment agreements with Uzbek government.

Otabek maintains strong working relationships with Uzbek government and leading state-owned enterprises and is recognized by clients and major international legal directories as one of the “go to on-ground” experts for international law firms and foreign corporations.

He has been actively involved in drafting of several key laws in Uzbekistan, including PPP law, Law on Nuclear Energy, Law on Electric Power, Law on Investments and Investment Activity, Law on Insurance Activity. He also worked on countless number of project related decrees and resolutions of Uzbek Government and the President.

Otabek has an impeccable reputation. He is a strong and well-experienced lawyer.

Otabek is very commercially aware and works hard to develop consensus between stakeholders in projects on matters of Uzbek law.

Chambers Asia-Pacific, 2025

RECENT ENGAGEMENTS INCLUDE ADVISING*

M&A AND CORPORATE

• ONE OF THE LARGEST US-BASED INDUSTRIAL GAS CORPORATIONS on a USD 1.5 billion investment project to establish a joint venture in the national Uzbek industrial gas sector, including drafting the investment agreement, presidential decrees, and participation in government negotiations
• ONE OF THE LEADING INDIAN-ROOTED GAS AND PETROCHEMICALS CORPORATIONS on the acquisition of chemical fertilizer factories in Kokand and Fergana, Uzbekistan, including full due diligence, drafting of the investment agreement with the Uzbek government, sale and purchase agreement for the land complex, and the presidential decree for the project
• A GLOBAL TEXTILE CORPORATION on a landmark project involving the allocation of 100,000 hectares of land for the development of a private cotton cluster, including preparation of all transactional documents, establishment of the joint venture, and negotiation of the investment agreement with the government of Uzbekistan

BANKING & FINANCE

• A LEADING EUROPEAN LENDER on financing a variety of projects of a leading private Uzbek holding company, specializing in gas chemicals, petrochemicals, energy and logistics, with total amount of lending exceeding USD 2 billion
• A GROUP OF LENDERS on finalising project agreements and finance documentation for the Bash and Dzhankeldy 1 GW wind power plants in Uzbekistan
• A GROUP OF LENDERS on the financing documentation, security package, applicable legal and tax regime, and assessment of direct procurement, currency, and gas supply arrangements for the Stone City Surkhandarya 1.5 GW CCGT Project in Uzbekistan

ENERGY & NATURAL RESOURCES

• ONE OF THE LARGEST US-BASED INDUSTRIAL GAS CORPORATIONS on a USD 1.5 billion investment project to establish a joint venture in the national Uzbek industrial gas sector, including drafting the investment agreement, presidential decrees, and participation in government negotiations
• ONE OF THE LEADING INDIAN-ROOTED GAS AND PETROCHEMICALS CORPORATIONS on the acquisition of chemical fertilizer factories in Kokand and Fergana, Uzbekistan, including full due diligence, drafting of the investment agreement with the Uzbek government, sale and purchase agreement for the land complex, and the presidential decree for the project
• ONE OF THE GLOBAL NUCLEAR ENERGY CORPORATIONS on the Uzbek Iaw aspects related to the deveIopment/construction of a 2.4 GW Nuclear Power Station, including all matters related to the EPC contract, nuclear standards, and overall project documentation
• A GROUP OF LENDERS on developing the security package, conducting due diligence, and amending project agreements related to the ACWA Nukus 100 MW wind power plant in Uzbekistan
• A GROUP OF LENDERS on the financing documentation, security package, applicable legal and tax regime, and assessment of direct procurement, currency, and gas supply arrangements for the Stone City Surkhandarya 1.5 GW CCGT Project in Uzbekistan

*Experience prior to joining Kinstellar.

EDUCATION

• 2002: University of Sheffield, UK, LL.B.

LANGUAGES

Uzbek, English, Russian