USD 89.01
EUR 95.05
RUB 0.94

Gazprom to produce oil and gas in Kyrgyzstan

«A project has been approved, according to which Gazprom PJSC will produce oil and gas in the country, provide our population with gas and process oil at our refineries,» the Minister of Energy of Kyrgyzstan Taalaibek Ibraev said at the XII St. Petersburg International Gas Forum.

According to him, the country’s President Sadyr Japarov approved the project. It is about cooperation with Kyrgyzneftegaz state company.

He recalled that Gazprom PJSC has been operating in Kyrgyzstan since 2014. At that time, the level of gas infrastructure coverage in the republic was 22 percent. At the end of last year, it reached the level of 38 percent.

In his opinion, Gazprom is investing enormous amounts in the republic’s gas industry. Kyrgyzstan does not experience problems with gas supply.

«We plan to bring the level of gas supply in Kyrgyzstan to 60 percent by 2030,» Taalaibek Ibraev said.

In 2019, during the state visit of Russian President Vladimir Putin to Kyrgyzstan, Chairman of the Board of the Russian Gazprom Alexey Miller and First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov signed a roadmap on the participation of PJSC in the acquisition of property and assets of Kyrgyzneftegaz OJSC.

Gazprom proposed drilling new production wells that would increase the volume of gas production to 100 million cubic meters per year and the volume of crude oil refining with the production of 300,000-400,000 tons of petroleum products per year. However, the agreement has not yet been implemented.