Baku, Azerbaijan, July 3
By Leman Zeynalova - Trend:
In January-May 2018, the output of refined products in Kazakhstan has reached 335.8 billion tenges in value terms, which is 21.6 percent more than last year, according to EnergyProm website.
The production of gasoline, including aviation fuel, increased by nine percent year-on-year to 1.42 million tons, and the production of kerosene, including jet fuel, increased by 12.7 percent year-on-year, to 92,300 tons. The production of diesel fuel, on the contrary, decreased by 5.1 percent, to 1.8 million tons, the website said.
The production of gasoline will increase even more after the commissioning of the modernized part of the Shymkent oil refinery in August-September this year.
Kazakh Energy Minister Kanat Bozumbaev said that by mid-June, RON 92 gasoline reserves in the country amounted to more than 340,000 tons and increased by 15,000 tons in just a week.
Given the surplus of Kazakhstan’s own gasoline, there is no need for importing it. To support domestic producers, the Kazakh Ministry of Energy is working to introduce a temporary (for three months) ban on the import of Russian gasoline to Kazakhstan by rail. He stressed that the temporary ban won’t affect the price of gasoline in Kazakhstan.
In the first quarter of 2018, the domestic market of Kazakhstan was provided with gasoline by domestic producers by 75 percent and with diesel fuel by more than 90 percent.
By summer, the price of RON 92 gasoline, the most popular one, was 158.5 tenges per liter, which is 11.5 percent more than a year earlier and 1.7 percent less than a month ago.
(341.62 tenges = 1 USD on July 3)
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