Kazakhstan bans petroleum product exports for six month

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The press service of the Ministry of Energy of Kazakhstan says that starting from May 9, Kazakhstan will impose a six-month restriction on the export of gasoline, diesel fuel and several petroleum products, including the light ones

This is reportedly done to prevent a shortage of petroleum products in the domestic market.

The ban on export of petroleum products from the territory of Kazakhstan by road provides exception for certain types of lubricants.

Also, an exception is envisioned for export in gas tanks provided by the manufacturer for automobile vehicles and installed in accordance with technical conditions, as well as in separate containers with a volume of no more than 20 liters.

Earlier, a similar ban was introduced in November 2019 to prevent a shortage of fuels and lubricants.  The ban was lifted in April 2020.

Recall, Russia provides the bulk of Tajikistan’s fuel imports.  The Russian Federation currently accounts for about 90 percent of petroleum products imported by Tajikistan.

Tajikistan annually requests 830,000 tons of petroleum products, but actual fuel imports, according to the official statistics, do not reach even 600,000 tons.      

Moreover, Tajikistan has reduced fuel imports over the first three months of this year due to a price hike of 26 percent.

Officials at fuel supply companies say the price hike has resulted from the rising cost of petroleum products in Russia and the rising international prices of oil.  Besides, the gasoline price hike has reportedly resulted from the decrease in the volume of oil refining in Russia against the backcloth of the coronavirus pandemic.

More than 50 companies in Tajikistan are currently engaged in delivering petroleum products to the country.

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