Kyrgyzstan’s fuel regulator has reached a new pricing agreement with retailers as higher import costs continue to strain the domestic market.
The framework applies to AI-92 gasoline and diesel fuel. Liquefied petroleum gas is also covered. Retailers will follow an approved schedule for price adjustments and notify the Antimonopoly Regulation Service when suppliers change wholesale prices.
The regulator will monitor the market and consider changes to the schedule when import costs shift significantly. The aim is to maintain supplies while limiting unjustified increases at filling stations.
The measure comes as problems at Russian refineries continue to affect regional fuel markets. Kyrgyzstan obtains more than 90% of its imported petroleum products from Russia, leaving it highly exposed to changes in Russian output and export policy.
Retail prices still do not include the full increase in import costs, the regulator said. A government subsidy program introduced in May compensates fuel importers and retailers for part of the difference between purchase costs and fixed benchmark prices.
Without the subsidies, officials estimate that AI-92 gasoline would cost about $1.20 per liter and diesel about $1.32 per liter.
As The Times of Central Asia previously reported, the government removed AI-95 gasoline from temporary price regulation and abandoned plans for maximum retail prices after supply problems emerged.
