Tuesday, February 14, 2012

Kyrgyzstan

Bishkek, Tashkent Reach Agreement On Gas, Electricity

Kyrgyz Deputy Prime Minister Daniyar Usenov (file photo) (RFE/RL)

December 14, 2006 -- Kyrgyz First Deputy Prime Minister Daniyar Usenov today said an agreement had been reached on how much neighboring Uzbekistan will charge his country for natural gas supplies next year.

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December 14, 2006

Addressing a news briefing in Bishkek, Usenov said that under a deal reached in Tashkent on December 13 Uzbekistan will sell Kyrgyzstan its gas at a price of $100 per 1,000 cubic meters starting January 1.

Kyrgyzstan currently pays $55 per 1,000 cubic meters of Uzbek gas.

To compensate for the hike, Usenov said Kyrgyzstan would initially charge Uzbekistan 1.1 cent ($0.011) for each kilowatt-hour (KwH) of electricity and progressively raise the price to a targeted two cents by the end of 2007.

Uzbekistan this year paid one cent ($0.01) per KwH of Kyrgyz electricity.

Under the agreement, Kyrgyzstan will buy 850 million cubic meters of gas from Uzbekistan.

(24.kg, AKIpress)

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