The sale of Kyrgyzgaz company for a symbolic price of US $1 to Russian gas monopoly Gazprom OAO (OTCMKTS:OGZPY) (MCX:GAZP) has been finalized and may represent a landmark of a new type of Russification of Kyrgyzstan. This new deal followed the one related to the military base in Kant, in which the Russians got an extension of their base until 2032, against the write off of about 200 million USD of old debt (that was in any case impossible to collect). Another debt to Russia contracted during the former President Bakiev for 300 million USD should be written off over…
Kyrgyzstan: Future Economic Colony of Russian Gazprom and China?
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