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Kazakhstan stabilizes situation on domestic fuel market

Oil&Gas Materials 12 January 2018 11:39 (UTC +04:00)

Baku, Azerbaijan, Jan. 12

By Ali Mustafayev - Trend:

The fuel shortage in Kazakhstan’s internal market has been eliminated, since the country obtained the necessary amount of AI-92 gasoline, an acute shortage of which took place in autumn of 2017, a source in the Kazakh National Company KazMunayGas told Trend.

"To date, the situation with oil products in the internal market is stable. Our AI-92 reserves are sufficient. Since December 15, the Pavlodar plant has launched a hydrogen production unit, which previously failed due to a state of emergency in October 2017. The plant produces 4 400 tons of diesel fuel per day. Thus, Kazakh market is provided with enough fuel," the source said.

At the same time, according to the source, the main alternative to fuel, produced in domestic oil refineries in Kazakhstan is the fuel imported from Russia.

"However, this measure is forced, as the purchase of imported fuel leads to an increase in prices for petroleum products in Kazakhstan," said the source.

It was also stressed that presently all the country's refineries are gradually entering their production capacity.

"After the modernization of the refineries, the depths of oil refining and the percentage of light oil products at the country's refineries will allow to switch to self-sufficiency of the domestic fuel market."

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