Dushanbe/Moscow. 10 June. INTERFAX-AGENCY – The JSC Gazprom and the Tajikistan government have signed an agreement concerning the general principles for conducting geological surveys of the subsoil in the Rengan, Sargazon, Sarikamish and West Shohambari oil and gas prospects in the republic.
According to Gazprom's report, the document was signed on Tuesday during a visit by Valery Golubev, the first deputy chairman of the board of the concern.
Zarubezhneftegaz is a wholly-owned subsidiary of Gazprom, and is currently developing two gas deposits in the republic. The company plans to obtain licences for the exploration of two more deposits by the end of the year.
Supplementary agreements for these gas deposits are planned to be signed during the forthcoming visit of the Russian president, Dmitry Medvedev, to Tajikistan.
“We are interested in Tajikistan’s fuel and energy independence, as this will lower economic tension in the country”, announced Valery Golubev after a meeting with the president of the republic, Emomali Rakhmon.
"Right now, Tajikistan consumes 800 million cubic metres of gas per year, but after output from these deposits into the rated capacity, which will take place over three to five years, the country will be able to produce up to 2 billion cubic metres of natural gas, which will provide her with fuel independence", Mr. Golubev noted.
“All geological exploration work in these four areas is assessed by Gazprom experts at $500 million, and this will become the basis for investment in the authorised capital in the future from the Tajikistan joint venture”, announced Mr. Golubev.
Tajikistan currently produces less than 20 million cubic metres of gas a year, importing more than 700 million cubic metres from neighbouring Uzbekistan, which regularly raises the price of the “blue fuel”.
Within the framework of the visit, Mr. Golubev took part in a meeting with Emomali Rakhmon, the president of Tajikistan; Akil Akilov, prime minister of the republic; and Goul Sherali, the minister for energy and industry.
"The parties discussed the current status of our bilateral relationship and the prospects for further development of the collaboration between Gazprom and the Tajiki republic”, a statement said.
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