What is Raisa Energy?

Raisa Energy is a company that enables access to ownership of mineral and non-operated working interests across North America at scale. Through their technology, they cut across the value chain of sourcing, evaluating, and managing these investments, creating a differentiated value proposition for all their stakeholders.

Who has power in Kyrgyzstan?

Executive power in Kyrgyzstan lies with the government, its subordinate ministries, state committees, administrative agencies and local administrations. In the energy sector, the government: Grants and transfers property rights, and rights for use of water, minerals and other energy resources.

Why is regional integration important in Kyrgyzstan?

Kyrgyzstan exploits coal and some oil and gas, but most hydrocarbons are imported. In fact, it relies on oil and gas imports for more than half of its energy needs, particularly during the winter months when hydropower production is low. For this reason, regional integration with neighbouring countries is important.

Is Kyrgyzstan a member of the Eurasian Economic Union?

Kyrgyzstan also became a member of the Eurasian Economic Union (EAEU) in 2015. Kyrgyzstan’s total primary energy supply (TPES) was 3.9 million tonnes of oil equivalent (Mtoe) in 2015 and reached 4.6 Mtoe in 2018. Total final consumption (TFC) totalled 4.2 Mtoe in 2018, and is growing rapidly (+72% since 2008).

What is Kyrgyzstan's energy saving potential?

Kyrgyzstan’s energy saving potential is significant: it is estimated that rehabilitation and modernisation can save up to 25% of electricity and 15% of heat.

Is Kyrgyzstan a member of the World Trade Organization?

Kyrgyzstan has been a member of the World Trade Organization since 1998, and it joined the Russian Federation (“Russia”), Belarus, Armenia and Kazakhstan in the Eurasian Customs Union in 2015. The energy sector represents 4% of GDP and 16% of industrial production, and hydropower accounts for two-thirds of energy production.