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Kazakh-Kyrgyz joint venture KazKyrGaz to be shut down

28 November 2012 14:05 (UTC+04:00)
Kazakh-Kyrgyz joint venture KazKyrGaz to be shut down

The Kazakh-Kyrgyz joint venture KazKyrGaz will be shut down, the general director of KazTransGas JSC Serik Sultangaliyev told Trend news agency on Wednesday.

KyrgyzGas's administration has been reshuffled. The new leaders of the company decided that they can manage the company on their own and therefore KazKyrGaz JV will be shut down," Sultangaliyev said.

KazKyrGaz JV was created to provide Kyrgyzstan with Uzbek gas.

However, according to Sultangaliyev, KazTransGaz will not abandon its commitment on gas supplies to the neighboring country.

"The head of state issued a guideline to help the brotherly Kyrgyz people. This is not about policy. Our main goal is to provide stability for our neighbors," he said.

According to him, this year KazTransGas will supply about 300 million cubic meters of gas to the north of Kyrgyzstan.

"We supply not only Uzbek gas to Kyrgyzstan, but also gas from our Amangeldy field as Kyrgyzstan still has no agreement with Uzbekistan on supplies of Uzbek gas to them," Sultangaliyev said.

KazTransGas JSC was established in 2000 in order to systematise the work of the gas industry. In accordance with a Kazakh government decree issued in July, 2012, KazTransGas is defined as the national operator in the field of gas supply.

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