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Uzbekneftegaz to set prices for gasoline, diesel fuel at exchange auctions

Oil&Gas Materials 26 August 2021 14:32 (UTC +04:00)
Uzbekneftegaz to set prices for gasoline, diesel fuel at exchange auctions

BAKU, Azerbaijan, Aug. 26

By Fakhri Vakilov – Trend:

Uzbekistan’s Bukhara oil refinery, which is under the jurisdiction of Uzbekneftegaz JSC, supplies motor gasoline and diesel fuel for exchange trading at starting prices, formed depending on quotations of Brent oil on world exchanges, Trend reports citing Uzbeknefteqaz.

The maximum price is $926 per ton.

This was decided in accordance with Uzbekistan’s President Shavkat Mirzoyoyev’s decree "On priority measures to increase the financial stability of the oil and gas industry."

According to Uzbekneftegaz’s Department of Economics and Planning, the average quotation of Brent oil per barrel from August 9 to August 13 amounted to $70.97, while the minimum indicator was $69.61, the maximum - $71.69.

Based on these quotes, the starting prices for motor gasoline and diesel fuel supplied by the Bukhara Refinery for exchange trading (per 1 ton) for the specified period varied depending on the brand.

Car gasoline: RON-80 brand - on average $682.9 (minimum – $674.1, maximum – $686.7); RON -91 brand - on average $797.7 (minimum $787.4, maximum - $800.5); RON -92 brand - on average $813 (minimum - $802.5, maximum - $817.6); RON -95 brand - on average $921.2 (minimum – $909.4, maximum - $926.5);

Diesel fuel: ECO brands - on average $953.8 (minimum – $936.4, maximum – $961.4); Euro-4 brand - on average $969.8 (minimum – $952.2, maximum - $977.5); Euro-5 brand - on average $987.6 (minimum – $972.2, maximum - $998.1).

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