Wednesday, June 19, 2013
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Kyrgyzstan is expected to close the sale procedure of its natural gas network to Gazprom by the end of this month, Kyrgyz Prime Minister Zhantoro Satybaldiyev was quoted by Reuters as saying. In December Gazprom had said it wanted to buy 100 percent of Kyrgyz state gas company . "The process of negotiations...
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.
Kyrgyzstan aims to join a natural gas pipeline network linking Central Asia with China in order to reduce its reliance on its immediate neighbours for energy and to profit from transit fees. Reuters has said in a news report that the Central Asian nation has agreed with Beijing to discuss the country's...
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.
Kyrgyzstan and China have decided to speed up the construction of the natural gas pipeline from Turkmenistan. Kyrgyz Telegraph Agency has reported that officials from both met in Beijing to discuss the implementation of a project to build a pipeline from Turkmenistan to China through Kyrgyzstan. The...
The Great Game is alive and well. In the 19th and early 20th century, it was the British and Russian empires vying for supremacy in Central Asia. Fast forward to this year, and Russia is seeing its influence in the energy sectors of Kazakhstan and Turkmenistan wane in the face of China's engagement.
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...