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Gazprom OJSC to audit gas industry of Kyrgyzstan    

11/04/14 07:33, Bishkek – 24.kg news agency, by Julia KOSTENKO

Gazprom OJSC will conduct an audit of gas industry in Kyrgyzstan. The press service of the Energy and Industry Ministry informed.

It is noted that the Russian side is going to conduct diagnostic and audit activities in gas industry. Gazprom activities will be carried out under strict supervision of its chairman in accordance with the law. Moreover, an additional social package will be formed and wages for workers will be increased. The exploitation of Kugart field will start in the near future. In view of complex systemic modernization of gas supply there was written a strategy for development of gas industry of the Kyrgyz Republic till 2030.

Recall, yesterday, on April 10, the contract of sale of Kyrgyzgas for $1was signed. Gazprom OJSC guarantees investments in modernization and reconstruction of Kyrgyz gas infrastructure in the amount of no less than 20 billion roubles. At the same time, Russian party takes responsibilities for development and modernization of equipment of gas main pipelines, compliance with tariff policy, approved by the Kyrgyz Government in accordance with the legislation, uninterrupted and guaranteed supply of natural gas to consumers of the republic taking into the account technical capabilities and conditions for transit of natural gas to the republic.

Kyrgyzstan, for its part, guarantees the company an exclusive right to import of natural gas to consumers of the KR, non-interference of state bodies in setting tariffs for gas transportation to the territories of third countries, as well as protection of Gazprom and its affiliates investments from expropriation and nationalization.

The agreement was concluded for 25 years with an automatic renewal for five-year periods. Earlier it was reported that Gazprom OJSC promises to reduce the price of natural gas for consumers after the sale of Kyrgyzgas.


URL: http://www.eng.24.kg/economics/168860-news24.html
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Centerra share value
on Toronto Stock Exchange
(TSX) on 27.12.13
USD 3,90
GOLDEN RESERVE
Value of Kyrgyzstans shares in Centerra
$ 302 639 666
World gold prices ћировые цены на 

золото<p style=The gold price in U.S. dollars per ounce

Exchange rate from 25 October
National Bank of Kyrgyz Republic
USD 56.2500
EUR 71.1816
RUB 1.3454
KZT 0.3110
UZS 0.0236
Weighted average exchange rate of som 24 October
USD 56.3800


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QUOTES

«The government shouldn’t feed us a line».
Member of parliament Erkin Sakebayev, speaking at the plenary session on October 23, 2014.

«If even the Prime Minister doesn’t listen to deputies, maybe he will listen to his father and won’t appoint offender as a minister».
The leader of Ata Meken Omurbek Tekebayev, speaking at a meeting of the Committee on the rule of law, the rule of law and the fight against crime on October 21, 2014.
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