Kyrgyzstan and Uzbekistan sign agreement on 2002 gas supplies

Feb 20, 2002 01:00 AM

Avtandil Sydykov, general director of the Kyrgyzgaz utility company, said on February 11 that the governments of Kyrgyzstan and Uzbekistan had signed an agreement on natural gas supplies in the year 2002. The deal states that Uzbekneftegaz, Uzbekistan's national oil and gas company, will deliver 525 mm cm of gas to Kyrgyzstan this year, Sydykov said. Bishkek is to buy the gas at a price of $ 42 per 1,000 cm and will pay half of its gas bill in cash and half in commodities this year, he stated.
Uzbekneftegaz had said previously that it wanted to charge $ 45 per 1,000 cm for the gas, while Kyrgyzstan said it would accept a price of $ 42, with half to be paid in cash and half in kind. It was not clear as of press time why the Uzbekistani side accepted Bishkek's terms.

The two sides have been at odds for some time over the issue of gas supplies; Uzbekistan halted gas deliveries to Kyrgyzstan several times last year, citing Bishkek's failure to pay old bills. But Sydykov said that Kyrgyzstan had managed to pay all of its debts for past supplies of Uzbekistani gas in full.
He did not say exactly how much money had been paid to Uzbekneftegaz, Uzbekistan's national oil and gas company. Last October, Kyrgyzstan's debt for natural gas was estimated at $ 500,000.

Source: NewsBase
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