Natural Gas Asia

Thursday, July 31, 2014

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News - Kyrgyzstan

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Gazprom Buys Kyrgyz Gas Firm

Kyrgyzstan’s debt ridden state owned gas firm Kyrgyzgaz has been bought by Russian gas giant Gazprom for $1, Associated Press has reported. The price has been set at one dollar for 75 percent of the company, considering its estimated debt of $38 million, said Kyrgyzgaz director Turgunbek Kulmurzayev.

Japan, Five Central Asian Nations to Develop Natural Gas

Japan has offered financial aid to five central Asian countries to help develop natural gas and rare earths, NHK World reported citing country’s foreign minister Koichiro Gemba. Gemba met with foreign ministers of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan in Tokyo on Saturday.

Gazprom to Invest in Kyrgyzstan

Russian energy giant Gazprom has drawn up a plan to pump in close to three billion rubles ($101.32 million) as part of initial geological prospecting for oil and gas in Kyrgyzstan, Gazprom CEO Alexei Miller said on Wednesday."The geological exploration will involve an outlay of no less than three billion...