26 July 2012 | 14:00

Kyrgyzstan gas debt to Kazakhstan is complicated and growing

ПОДЕЛИТЬСЯ

Tengrinews.kz stock photo Tengrinews.kz stock photo

Kyrgyzstan is finding it hard to repay its natural gas debt to Kazakhstan, 24.kg writes citing the press-service of KyrgyzGas. According to the press-service, KyrgyzGas is finding it hard to collect the debts from its domestic users of gas. “The industrial companies owe 111.2 million soms ($2.3 million), budget-funded companies owe 220.6 million ($4.6 million) and the population owes 90.7 million soms ($1.9 million). Major debtors include Kant Cement Factory, Kadamdzhai Stibial Plant, Mailuu-Syy Electric Lamps Plant, BishkekTeploEnergo, KyrgyzZhilKommunSoyuz,” the company states. In May KyrgyzGas paid off the debt to KazTransGas for gas supplies in the amount of $2.5 million. Later KazTransGas, prolonged the contract to supply 70 million cubic meters of gas at $224 per one thousand cubic meters. The existing gas supply contract between Kazakhstan and Kyrgyzstan expired on May 1, 2012.


Kyrgyzstan is finding it hard to repay its natural gas debt to Kazakhstan, 24.kg writes citing the press-service of KyrgyzGas. According to the press-service, KyrgyzGas is finding it hard to collect the debts from its domestic users of gas. “The industrial companies owe 111.2 million soms ($2.3 million), budget-funded companies owe 220.6 million ($4.6 million) and the population owes 90.7 million soms ($1.9 million). Major debtors include Kant Cement Factory, Kadamdzhai Stibial Plant, Mailuu-Syy Electric Lamps Plant, BishkekTeploEnergo, KyrgyzZhilKommunSoyuz,” the company states. In May KyrgyzGas paid off the debt to KazTransGas for gas supplies in the amount of $2.5 million. Later KazTransGas, prolonged the contract to supply 70 million cubic meters of gas at $224 per one thousand cubic meters. The existing gas supply contract between Kazakhstan and Kyrgyzstan expired on May 1, 2012.
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