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The debt of KyrgyzGas to KazTransGas group for gas supplies in 2003-2005 made $13 million as of June 1, 2013, CA-NEWS writes. The company also owes $1.7 million to Interglass Central Asia for gas transportation in 2003-2005 and $13.3 million to Kyrgyzstan Finance Ministry, Director General of KyrgyzGas Turgunbek Kulmurzayev said at the shareholders meeting. “Gas supplies to the north of Kyrgyzstan In 2003-2005 were suspended and KyrgyzGas performed unauthorized gas offtake from KazTransGas pipeline appropriating gas intended for Almaty. The total unauthorized offtake from KazTransGas equaled to $907 thousand in 2003-2005,” he said. KyrgyzGas paid almost $557 thousand for similar unauthorized offtakes in 2003-2010 and the company’s debt to KazTransGas equaled to $18.4 million as of the beginning of 2010, including $16.7 million for natural gas and $1.7 million for its transportation. In June 2010 KyrgyzGas paid $3.7 million to KazTransGas for the unauthorized offtake in 2003-2005. “ KyrgyzGas' debts hinder its normal operation and renders its financially insolvent and unable to maintain its gas distribution network,” Kulmurzayev said. In February 2013 Kyrgyzstan’s debt to KazTransGas made $6 billion. Kazakhstan suppliers requested it to pay the debts before February 12, 2013 threatening to cease gas supplies if the debt is not paid.
The debt of KyrgyzGas to KazTransGas group for gas supplies in 2003-2005 made $13 million as of June 1, 2013, CA-NEWS writes.
The company also owes $1.7 million to Interglass Central Asia for gas transportation in 2003-2005 and $13.3 million to Kyrgyzstan Finance Ministry, Director General of KyrgyzGas Turgunbek Kulmurzayev said at the shareholders meeting.
“Gas supplies to the north of Kyrgyzstan In 2003-2005 were suspended and KyrgyzGas performed unauthorized gas offtake from KazTransGas pipeline appropriating gas intended for Almaty. The total unauthorized offtake from KazTransGas equaled to $907 thousand in 2003-2005,” he said.
KyrgyzGas paid almost $557 thousand for similar unauthorized offtakes in 2003-2010 and the company’s debt to KazTransGas equaled to $18.4 million as of the beginning of 2010, including $16.7 million for natural gas and $1.7 million for its transportation. In June 2010 KyrgyzGas paid $3.7 million to KazTransGas for the unauthorized offtake in 2003-2005.
“ KyrgyzGas' debts hinder its normal operation and renders its financially insolvent and unable to maintain its gas distribution network,” Kulmurzayev said.
In February 2013 Kyrgyzstan’s debt to KazTransGas made $6 billion. Kazakhstan suppliers requested it to pay the debts before February 12, 2013 threatening to cease gas supplies if the debt is not paid.
