On 17 February the State Duma of the Russian Federation approved a draft law
"On the ratification of the Agreement between the Government of the Russian Federation and the Government of the Kyrgyz Republic (KR) on collaboration in the transportation, distribution and sale of natural gas in the territory of Kyrgyzstan"
This is an intergovernmental agreement under which Gazprom is to manage Kyrgyzstan's gas transportation system and set up a company to manage it. The agreement was ratified and signed by the Parliament and President of Kyrgyzstan in December 2013, and by the Russian Parliament and President in January 2014.
Under the protocol signed by the Government of the Kyrgyz Republic and the Russian gas concern in September 2011, responsibility for coordinating the acquisition of Kyrgyzgaz lies with Gazprom International, the sole specialised operator of Gazprom's foreign projects for prospecting, exploration and development of hydrocarbon fields.
The terms and conditions of the signed Agreement state that Gazprom, in addition to supplying Kyrgyzstan with an uninterrupted supply of gas, is required to invest at least RUB 20 billion in the modernisation of the country's gas transportation system over five years.
In 2003, Gazprom and the government of Kyrgyzstan signed an agreement on collaboration in the gas sector for a 25-year term. This focuses particularly on joint projects for the development of hydrocarbon deposits within Kyrgyzstan, the reconstruction, building and operation of the main gas pipelines and other infrastructure objects within the country's gas complex, and the transport and supply of gas.
Gazprom International's cooperation with Kyrgyzstan is built on the basis of a 2007 Agreement on the general principles for the geological study of the subsoil in Kyrgyzstan's prospective oil and gas fields.
In 2013, Gazprom International completed its licence applications for continuing geological exploration work in Kyrgyzstan.
In accordance with the phased programme of geological exploration work, comprehensive geological and geophysical surveys are planned at two of Gazprom's licensed territories, Kugart and East Maylisu IV.