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Kazakhstan to extend ban on export of petroleum products by road transport

Kazakhstan Materials 18 March 2022 16:31 (UTC +04:00)
Kazakhstan to extend ban on export of petroleum products by road transport
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, March 18. Kazakhstan will extend the ban on the export of petroleum products by road transport for six months, Kazakhstani Minister of Energy Bulat Aqchulaqov announced at the Ministry Collegium, Trend reports via Kazakh media.

On the instructions of the President of the Republic of Kazakhstan Kassym-Jomart Tokayev, it is planned to take the following measures to reform the fuel and lubricants market: ensuring transparency and transparency in the production and distribution of petroleum products, he noted.

“Oil suppliers sell oil products to final sellers and wholesalers. At the same time, not only persons owning oil depots on the right of ownership, but also having oil depots on the right of lease act as wholesale suppliers. Amendments have been prepared providing for the exclusion of unproductive intermediaries in the sale of petroleum products,” Aqchulaqov explained.

It is also planned to create reserves of oil products from large consumers, on the basis of National Company KazMunayGas (KMG) CJSC in the amount of 150,000 tons and on the basis of Kazakh Railways - Kazakhstan Temir Zholy (KYZ) JSC in the amount of 50,000 tons.

An order is being prepared to extend the ban on the export of petroleum products by road transport from the territory of the Republic of Kazakhstan for six months.

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