Country report
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44 Pages

Kyrgyzstan upstream summary


Kyrgyzstan upstream summary

Report summary

A minor oil and gas producer, with limited foreign investment - Kyrgyz oil and gas production has collapsed after the fall of the USSR and, to a lesser extent, political unrest in 2010. Most foreign investment comes from China. In 2014, Chinese shipbuilder Huarong Energy acquired 60% stakes in five oil fields, including Mailisu IV-Izbaskent, which accounts fore more than half of total production. Despite an ambitious work programme, investment has stalled owing to the low oil price and ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.10 MB 44 Pages, 19 Tables, 11 Figures
  • Country Overview XLS - 794.50 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Huarong Energy
    • Yanchang Petroleum International
    • Zhong Neng International
    • Glavneftegaz
    • Gazprom
    • San Yuan Chan
  • Geology
    • Introduction
    • Fergana basin
      • Regional structure
      • Reservoir sequences
      • Neogene
      • Paleogene
      • Cretaceous
      • Jurassic
      • Oil quality
    • West Tien Shan Intermontane basin
      • East Chu sub-basin
      • Issyk-Kul sub-basin
      • Naryn sub-basin
    • Afghan-Tajik basin
  • Exploration
    • Licensing
    • Awarding of licences
    • Recent activity
      • Licence owners
      • Licences by basin
    • Drilling
      • Drilling activity
    • Historical drilling activity
      • Fergana basin
      • West Tien Shan Intermontane
      • Afghan-Tajik basin
    • Recent drilling activity
      • Orca Energy
      • Santos
      • Caspian Oil & Gas
    • Current drilling activity
      • Batkenneftegaz and Zhong Neng
      • Huarong Energy
      • Gazprom
      • Glavneftegaz
  • Reserves and resources
    • Oil and gas reserves classification
      • Western reserves classification system
      • Kyrgyz reserves classification system
      • Comparison of western and Kyrgyz liquids reserves estimates
      • Comparison of western and Kyrgyz gas reserves estimates
    • Reserves overview
      • Liquids
      • Gas
  • Production
    • Liquids
    • Gas
    • Domestic demand
  • Infrastructure
    • Oil infrastructure
    • Mailisu IV-Fergana oil pipeline
    • Refineries
      • Jalal-Abad refinery
      • Kara-Balta refinery
      • Xinjiang-China Petroleum Corporation's Tokmok refinery
      • SOCAR's Tokmok refinery project
    • Rail transportation
      • China-Kyrgyzstan-Uzbekistan railway project
    • Roads
    • Gas infrastructure
    • Ownership
    • Pipeline network
    • Gas supply
    • Existing gas pipelines
      • Bukhara-Bishkek-Almaty pipeline system
      • Andizhan hub
      • Khavast-Fergana pipeline system
      • Gasification strategy to 2030
    • Future gas pipelines
      • Turkmenistan-China Gas Pipeline (Line D)
  • Policy and regulation
    • Key legislation
      • Law On Foreign Investment (1991, amended in 1993, 1997, 2000, 2003)
      • Law On Concessions and Concessions Enterprises (1992, amended in 2003 and 2004)
      • Law On Production Sharing Agreements (2002)
      • Tax Code (July 1996, September 2000, January 2009)
      • Law On Energy (1996, amended in 2008)
      • Law On Oil and Gas (1998, amended in 2004)
      • Law On Licensing (March 1997)
      • Law On Subsoil (No 160, September 2012, amended in May 2014)
      • Extractive Industries Transparency Initiative
    • Regulatory body
    • State oil company
      • Kyrgyzneftegaz
      • Gazprom Kyrgyzstan (former Kyrgyzgaz)
    • State participation
    • Licensing
  • Fiscal terms
    • Overview
      • Upstream
      • Pipelines
    • Current fiscal terms
    • Concessions / Joint Ventures
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Contractor revenue entitlement
      • Hydrocarbon pricing
      • Corporate income tax
      • Fiscal/contractual ring-fences
      • Dividend withholding tax
      • Other taxes
      • Sample cash flow
    • Marginal government take calculation
    • Production Sharing Contracts (PSCs)
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Cost recovery
      • Profit sharing
      • Contractor revenue entitlement
      • Corporate income tax
      • Fiscal/contractual ring-fences
      • Dividend withholding tax
      • Other taxes
      • Sample cash flow
    • Marginal government take calculation

In this report there are 30 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Kyrgyzstan map
  • Key companies
    • Net Acreage 2016
    • Remaining Commercial and Technical Reserves at 01/01/2016
  • Geology
    • Map of basins
  • Exploration
    • Blocks awarded and relinquished in 2006-16
    • Exploration: Table 1
    • Active blocks by basin as of July 2016
    • Current licence map
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and produced liquids and gas reserves as of 1 January 2016
    • Reserves and resources: Table 2
    • Reserves and resources: Table 3
  • Production
    • Oil and condensate production (1990-2025)
    • Production: Table 1
    • Production: Table 2
    • Gas production (1990-2025)
    • Production: Table 3
    • Production: Table 4
  • Infrastructure
    • Kyrgyzstan infrastructure map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Infrastructure: Table 3
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • GEM models
    • Fiscal terms: Table 7
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