Kyrgyz Oil Company to be reorganized

The Kyrgyz government is reorganizing the state-owned Kyrgyz Oil Company (Kyrgyz Munai Kompaniyasy), which was established just a year ago. The Cabinet of Ministers, led by Chairman Adylbek Kasymaliev, has decided to merge the company with the Facilities Management Directorate.

The Facilities Management Directorate will become the legal successor to all rights and obligations of Kyrgyz Munai Company. The State Property Management Agency is tasked with inventorying the company's assets and liabilities and resolving financial matters related to the reorganization. Several previous government decisions, including the one establishing Kyrgyz Munai Company in May 2025, have been invalidated.

Kyrgyz Munai Company was initially created under the State Property Management Agency to ensure the supply of fuel and lubricants to Kyrgyzstan's domestic market. Shortly after its establishment, the Cabinet of Ministers designated it as the sole fuel supplier for state-owned enterprises and companies with state participation. The company's objective was to centralize fuel and lubricant procurement for strategically important sectors such as aviation, railways, road construction, and mining.

The resolution regarding the reorganization will take effect ten days after its publication. This move signifies a significant restructuring of state-owned energy assets in Kyrgyzstan.