Russia and Kyrgyzstan to collaborate in oil-and-gas sector

ASTANA. March 1. KAZINFORM Russia and Kyrgyzstan has come to an agreement about the collaboration in the oil-and-gas sector. The statement was voiced at the session of Kyrgyz-Russian Inter-governmental Commission on trade, economic, science-technical and humanitarian cooperation on 27 February, 2010; Kazinform cites Trend News.

photo: QAZINFORM

The Commission instructed to the workgroup (WG) to provide practical realization of previously agreed arrangements on creation of joint Kyrgyz-Russian enterprise in oil-and gas sector. The Kyrgyz Government is going to sell the state holding of Kyrgyzgas shares to the Gazprom, "24 kg" reported.

"This will give the republic technical re-equipment and management improvement as well as the other advantages", Daniyar Usenov said. He also said the Gazprom will provide Kyrgyz Republic with lower gas tariffs among world prices; Kazinform refers to Trend News.

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