BISHKEK, Kyrgyzstan, November 1. Cooperation between Russia, Kazakhstan, Kyrgyzstan, and Uzbekistan in the fuel and energy sector is set to reach a higher level in the near future, Trend reports.
Russian Gazprom's CEO, Alexey Miller, made this statement at the St. Petersburg International Gas Forum.
He emphasized that there is also potential for transit through the territories of these countries to other nations. However, a primary focus of cooperation with Russia is in meeting the needs of these Central Asian countries.
According to Miller, Russia, Uzbekistan, Kazakhstan, and Kyrgyzstan may sign a 15-year gas agreement in 2024. Negotiations, both past and ongoing at the forum, aim to facilitate the signing of relevant documents in the future.
During the forum, Taalaibek Ibraev, the Minister of Energy of Kyrgyzstan, expressed Kyrgyzstan's desire for Gazprom to handle gas and oil extraction within the country.
Gazprom Kyrgyzstan, a subsidiary of Gazprom, is actively investing in the modernization of Kyrgyzstan's gas infrastructure. Since the beginning of its operations in 2014, the company has already invested over 32 billion soms ($3.5 billion) into this initiative.