ASTANA, Kazakhstan, November 8. By importing fuel from Russia, Kazakhstan covers the temporary deficit in the country, said Energy Minister Almassadam Satkaliyev, Trend reports.
"This fuel is used to supply vehicles of industrial enterprises, to provide locomotive traction for Kazakhstan Railways (KTZ, a national company), to refuel our air carriers, as well as for the timely implementation of road construction work," he said.
In addition, according to the minister, this measure also ensures the availability of diesel fuel for the population.
Satkaliyev explained that while Kazakhstan is importing fuel from Russia, it will allow the country to give its factories a break and undergo the needed modernization.
As the minister noted, this measure is temporary and is related to seasonal shortages.
From January through August 2023, the volume of trade turnover between Kazakhstan and Russia amounted to $17 billion. Exports to Russia amounted to $6.389 billion, and imports from Russia amounted to $10.611 billion.
At the same time, the volume of trade turnover between Kazakhstan and Russia in 2022 amounted to $26.123 billion. Kazakhstan's exports to Russia during the reporting period amounted to $8.78 billion, while imports amounted to $17.34 billion.