Gazprom will build new gas-fired power plants in Kirgizia

Gazprom will build new gas-fired power plants in Kirgizia
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Within the framework of the strategic partnership with Kirgizia, Gazprom will provide gas to 60% of the republic’s territory.

The President of Kyrgyzstan, Almazbek Atambaev, told journalists about this in Bishkek. As the local mass media reported, he stated that 400 settlements in the country will be switched to gas. The project investments will total more than $700m. Besides this, Gazprom’s directorship is going to consider the issue of a modern gas-fired power plant in Bishkek.
This will allow Kirgizia to satisfy its own needs and export energy to other countries. To remind you, the treaty on purchasing 100% of “Kyrgyzgas” shares for $1 by the Russian company Gazprom was signed in April, 2014. All of its assets and debts were then signed over to Gazprom. The Russian party guaranteed to update Kirgizia’s gas infrastructure for no less than 20bln rubles over five years. The investment plans have increased to 34bln rubles. Russia and Kyrgyzstan are constructing the Kambaratinskaya HPP-1 and the Verkhne-Narynsky chain of power plants together.