Alexey Miller and Almazbek Atambayev address cooperation in oil and gas sector
RELEASE
Release
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Almazbek Atambayev, President of Kyrgyzstan took place today as part of the St. Petersburg International Economic Forum 2015.
In foreground – Alexey Miller and Almazbek Atambayev hold working meeting within St. Petersburg International Economic Forum 2015
The meeting addressed the main cooperation lines in the oil and gas sector, particularly the development of the Kyrgyz gas transmission and distribution systems by Gazprom under the Company’s General Scheme of Gas Supply to and Gasification of the Republic.
In addition, the parties touched upon joint hydrocarbon exploration and production projects in Kyrgyzstan as well as the cooperation within the Kyrgyz petroleum product market development.
Background
In 2014 Gazprom and Kyrgyzgaz signed the Sales and Purchase Agreement for a 100 per cent stake of KyrgyzgazProm (renamed Gazprom Kyrgyzstan), a wholly-owned subsidiary of Kyrgyzgaz. Gazprom Kyrgyzstan is an exclusive importer of natural gas to Kyrgyzstan and the owner of the domestic gas transmission and distribution systems.
In 2007 Gazprom and the Kyrgyz Republic Government signed the Agreement on the common principles for the geological survey of subsurface resources. Under the document, Gazprom obtained two subsurface use licenses for the Kugart and Eastern Mailu-Suu IV blocks.