A working meeting between Alexey Miller, Chairman of JSC Gazpromís Management Committee and Felix Kulov, Prime Minister of the Kyrgyz Republic, has been held today at Gazpromís headquarters.
The parties discussed the implementation of a Plan of joint activities stepped up within a long-term Agreement on cooperation in the oil & gas industry between Gazprom and the Kyrgyz Republic.
The focus fell on Gazpromís potential involvement in natural gas exploration & production as well as upgrading of existing and construction of new gas transmission capacities in the Kyrgyz Republic.
Felix Kulov confirmed the Kyrgyz Republicís readiness to keep contributing to deeper mutually beneficial business cooperation between Gazprom and Kyrgyz energy companies.
JSC Gazprom and the Government of the Kyrgyz Republic signed a 25-year Agreement on cooperation in the gas industry on 16 May 2003.
In particular, the Agreement stipulates:
- Exploration and development of hydrocarbon fields in the Kyrgyz Republic;
- Upgrading, construction and operation of gas mains and other gas infrastructure facilities of the Kyrgyz gas complex;
- Gas transmission and delivery while implementing joint projects.
The Agreement also calls for joint rehabilitation of compressor stations at the Mailu-Suu UGS facility and supply of equipment needed for the Kyrgyz gas complex.
In January 2004, Gazprom and the Kyrgyz Republic approved a Plan of paramount activities of Gazprom and the Government of the Kyrgyz Republic aimed at the above mentioned Agreement implementation. The Plan determines the scope and timetable of joint works and types of cooperation when upgrading, constructing and operating gas transportation facilities; jointly exploring and developing fields and rendering various services to the Kyrgyz side.
Kyrgyziaís natural gas reserves are estimated at 6 bcm. The Republic faces certain difficulties in developing its gas fields due to their geological complexity and the insufficiently developed gas infrastructure. Kyrgyzia annually produces some 30 million cubic meters of natural gas and plans to build its annual gas production up to 40 million cubic meters in 2010.
The total length of Kyrgyz gas pipelines (gas distribution networks inclusive) averages 600 km.
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