Friday, 16 May 2003

KYRGYZ GOVERNMENT SIGNS AGREEMENT WITH GAZPROM

Published in News Digest

By empty (5/16/2003 issue of the CACI Analyst)

The Kyrgyz government on 16 May signed an agreement with the Russian natural-gas giant Gazprom on cooperation in exploring and developing Kyrgyz oil and gas fields, repairing and building new gas pipelines, and transporting gas to Kyrgyzstan, Gazprom CEO Aleksei Miller said. Miller said Gazprom\'s presence in Kyrgyzstan will ensure reliable gas supplies for the next two years. Kyrgyzstan has had serious problems for several years with gas supplies from Uzbekistan, which has regularly shut off its deliveries because of payments arrears.
The Kyrgyz government on 16 May signed an agreement with the Russian natural-gas giant Gazprom on cooperation in exploring and developing Kyrgyz oil and gas fields, repairing and building new gas pipelines, and transporting gas to Kyrgyzstan, Gazprom CEO Aleksei Miller said. Miller said Gazprom\'s presence in Kyrgyzstan will ensure reliable gas supplies for the next two years. Kyrgyzstan has had serious problems for several years with gas supplies from Uzbekistan, which has regularly shut off its deliveries because of payments arrears. Kyrgyz Prime Minister Nikolai Tanaev hailed Gazprom\'s entry into the Kyrgyz market as providing leverage that will help stabilize Uzbek and Turkmen gas deliveries to his country. Kyrgyzgas Director Avtandil Sydykov was quoted as saying that the agreement will not exclude Gazprom from participation in the planned privatization of Kyrgyzgas. (Interfax)
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