• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 9 hours EU has already lost the Trump vs. EU Trade War
  • 1 day Science: Only correct if it fits the popular narrative
  • 21 hours Crazy Stories From Round The World
  • 1 day Iran Burning: Shock Gas Price Hike Triggers Violent Protests After Subsidy Cuts
  • 22 hours Everything You Need To Know About Trump
  • 10 hours IEA predicts oil demand will grow annually at 1 million barrels a day for the next 5 years
  • 3 hours Pope Proposes New Sin: Thou Shalt Not Destroy The Harmony Of The Environment
  • 1 day Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 4 hours Water, Trump, and Israel’s National Security
  • 20 hours Impeachment Nonsense
  • 12 hours ‘If it saves a life’: Power cut to 1.5 million Californians
  • 2 days What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 2 days Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
U.S. Shale Production To Double Despite Struggles

U.S. Shale Production To Double Despite Struggles

U.S. shale is facing plenty…

The Truth Behind Iran’s “Massive” Oil Find

The Truth Behind Iran’s “Massive” Oil Find

Iran’s latest massive oil find…

Gazprom to Invest $100 Million in Kyrgyzstan

State-owned Russian Federation natural gas monopoly intends to invest $100 million in prospecting for oil and natural gas deposits in Kyrgyzstan.

Gazprom CEO Aleksei Miller told the press, “We intend in the near future to open Gazprom company group offices here that will work on a wide range of matters. And it is very important to us that there be political stability in the republic, since this is a question of investing 'long-term money.' Kyrgyzstan will very soon become attractive to investors.”

Miller added that that he has signed a protocol with Kyrgyz Prime Minister Almazbek Atambayev, noting that, "All will be decided within the next fifteen days."

Kyrgyz Prime Minister Almazbek Atambayev responded, "In contrast with previous years, the Kyrgyz leadership will be fulfilling the obligations it undertakes, more simply speaking, it will not abandon its investors," adding that previous governments were motivated simply by "the banal desire to line their pockets," Kapital Strani Internet website reported.

Gazprom has a long history in Kyrgyzstan, as in the spring of 2003 Gazprom and the Kyrgyz government signed an agreement for a period of 25 years of cooperation in the natural gas industry. Three years later, Gazprom Neft established a subsidiary in Kyrgyzstan. Gazprom is now the largest operator in Kyrgyzstan’s fuel market and owns 108 gas stations.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play