"Gazprom" will receive the gas transportation system of Kyrgyzstan for $ 1

The authorities of the Russian Federation approved the draft intergovernmental agreement on cooperation in the field of transportation, distribution and sale of natural gas on the territory of Kyrgyzstan. The corresponding order was signed by Prime Minister Dmitry Medvedev. Under the terms of the transaction, "KyrgyzGas" will sell for $ 1 to "Gazprom" its subsidiary, with all the property. This deal is available for repayment in Kyrgyzstan before the Russian debt, and in return for investment in the Kyrgyz Russian monopoly gas transmission system.


The document was prepared by the Ministry of Energy of Russia. "The draft agreement is designed to promote cooperation in the gas sector, under the agreement between the Government of the Russian Federation and the Council of Ministers - the Government of the Kyrgyz Republic on cooperation in the development of the oil and gas industry from March 2, 1993" - the site says the Russian minister said.


The company "KyrgyzGas" should be created on the territory of Kyrgyzstan, 100 per cent subsidiary, which will depart all belonging to her gas pipelines, gas distribution stations, underground gas storage facilities, land and other property, rights and interests specified in the project agreement. "Gazprom" will acquire 100 per cent stake in the authorized capital of the company "KyrgyzGas." "Land on which the immovable property, provided the company or its successors under the gratuitous use" - the document says.


The new company and its successors will carry gas supplies to Kyrgyzstan, underground gas storage, as well as construction, renovation and operation of the gas transmission and distribution systems, underground gas storage and other gas infrastructure.


Set tariffs for gas transportation through the territory of Kyrgyzstan, to a third country and its storage in underground storage will itself "Gazprom". Kyrgyz party guarantees the company the exclusive right to import natural gas to Kyrgyzstan, investment protection of the Russian monopoly and its subsidiaries against expropriation and nationalization. The company must also provide a free transfer abroad of payments related to the investment.


The agreement stipulated and responsibilities of the Russian side: investing in modernization and reconstruction of gas infrastructure in Kyrgyzstan in the amount of not less than 20 billion rubles. for five years. "Gazprom" will also provide an uninterrupted supply of gas to Kyrgyzstan consumers. According to the "KyrgyzGas" Kyrgyzstan consumes about 1 billion cubic meters. meters of gas per year.


The Kyrgyz government has approved a draft agreement May 27, 2013, it will be valid for 25 years.


In April this year the State Duma ratified an agreement with the Government of Kyrgyzstan to settle the debt of the republic to Russia previously granted by loans totaling about $ 500 million agreement was signed in September last year in Bishkek. The document was supposed to review the terms of repayment and servicing of the two categories of debt Bishkek: liability in the amount of $ 188,900,000 for the Russian-Kyrgyz agreement on the settlement of the debt on earlier loans from 2005, as well as the debt of $ 300 million on Intergovernmental Agreement on the provision of state credit to Kyrgyzstan in 2009.