Kazakhstan and Kyrgyzstan agree to extend gas contract.

By bne IntelliNews June 4, 2012
Kazakhstan and Kyrgyzstan agreed to extend gas supply agreement until September. Under the deal, Kyrgyzstan pays USD 224 per 1,000 m3 of gas. The volume of the supplies until September is to reach 75mncm. As we reported, Kazakhstan and Kyrgyzstan reached an agreement over gas supplies in October 2011, under which Kazakhstan was to deliver 300mncm from October 2011 to April 2012 at the price of USD 224 per 1,000 m3. The deal allows Kyrgyzstan to diversify its imports while Kazakhstan gets additional tool to influence its neighbor.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335