• KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
04 August 2026

Viewing results 1 - 6 of 12

Kyrgyzstan Eases State Fuel Price Controls as Supply Shortages Persist

Kyrgyzstan has partially rolled back its temporary state regulation of motor fuel prices, removing AI-95 gasoline from price controls and abandoning plans to impose maximum retail fuel prices in an effort to stabilize supplies. As previously reported by The Times of Central Asia, the Kyrgyz government introduced temporary state regulation of fuel prices on May 25 amid continued increases in gasoline and diesel prices, driven largely by the country’s dependence on imports from Russia. The government had approved subsidies for imports of gasoline, diesel fuel, and liquefied petroleum gas through September 30, 2026, while setting benchmark import prices at $860 per ton for AI-92 gasoline, $940 per ton for AI-95 gasoline, $950 per ton for diesel fuel, and $575 per ton for liquefied petroleum gas. Under a new resolution signed on July 7 by Chairman of the Cabinet of Ministers Adylbek Kasymaliev, AI-95 gasoline has been removed from the list of socially significant goods subject to temporary state price regulation. The decision effectively cancels the state price controls introduced just two weeks earlier. It follows reports that AI-95 gasoline had disappeared from several filling stations in Bishkek. The July 7 resolution also abolishes the maximum allowable retail fuel prices established under the May 25 decree. According to the government, the changes are intended to ensure uninterrupted fuel supplies to consumers. The policy adjustment comes as Russia continues to tighten fuel exports. In recent weeks, several Russian regions have imposed restrictions on gasoline sales following reduced refinery output caused by Ukrainian drone strikes on oil-processing facilities. Moscow has already restricted gasoline exports and imposed a temporary ban on jet fuel exports. Kyrgyzstan remains heavily dependent on imported fuel. The country imports approximately 1.2 million tons of petroleum products annually, while domestic refineries meet only about 5% of national demand. Total annual fuel consumption is estimated at 1.6 million tons, with more than 90% supplied by Russia. First Deputy Prime Minister Daniyar Amangeldiyev told the 24.kg news agency that the government is actively diversifying fuel imports through negotiations with Turkmenistan, Uzbekistan, European suppliers, Türkiye, China, Russia, Belarus, and Azerbaijan. According to Amangeldiyev, China has confirmed a contract to supply the first 3,000 tons of jet fuel to Kyrgyzstan, while negotiations are underway for an additional 5,000 tons of diesel fuel. The Kyrgyz government has also signed agreements with Belarus covering 3,000 tons of jet fuel and approximately 10,000 tons of diesel fuel. The reversal shows how quickly price controls can collide with supply constraints in a market still heavily dependent on Russian fuel.

Kyrgyzstan Looks Beyond Russia as Fuel Squeeze Hits Central Asia

Kyrgyzstan has asked Azerbaijan, Belarus, Kazakhstan, Russia, Turkmenistan and Uzbekistan to help secure its fuel supplies as shortages inside Russia put new strain on Central Asia's fuel market. The move follows reduced Russian refining capacity after Ukrainian drone strikes on oil refineries, seasonal demand, and tighter export controls. “Due to the lack of adequate oil and gas production, we remain a country dependent on imports,” Deputy Energy Minister Nasipbek Kerimov told Birinchi Radio. “Kyrgyzstan annually consumes approximately 2 million tons of various types of fuel and lubricants, and almost 95% of this volume comes from Russia.” The dependence rests on long-standing trade terms; Russia supplies oil products to Kyrgyzstan duty-free under annual indicative balances within the Eurasian Economic Union. Russian Deputy Prime Minister Alexey Overchuk said in October 2025 that balances for 2026 had already been signed. The system has helped hold down prices, but it also leaves the market exposed when Russian refineries or export rules change. Kyrgyz officials have tried to calm consumers. The Energy Ministry said fuel reserves were sufficient, supplies were moving under existing contracts, and that “official requests have been sent” to relevant governments to support stable supplies. Local officials also pressed Kyrgyzneftegaz and the Junda refinery to increase domestic production and deliveries. The pressure is not equal across all fuel types. AI-95 and AI-98 gasoline have disappeared from some filling stations, while AI-92 reserves remain stronger. Oil Traders Association head Kanatbek Eshatov told Kaktus.media that AI-92 stocks would last 30 to 45 days, depending on the company. He said the AI-95 problem could be solved “in a couple of weeks, if refineries recover after the shelling.” Diesel remains available, and farmers had stocked up before harvest work began, he added. As of July 6, AI-95 remained unavailable at some Bishkek filling stations. Bishkek has also moved on prices, with the Cabinet introducing temporary price regulation under Resolution No. 369 of May 25, 2026. The system subsidizes importers and sellers until September 30 by compensating the gap between market prices and fixed benchmark import prices. In Bishkek, capped pump prices are 79.9 soms per liter for AI-92 gasoline, 88.9 soms for AI-95 and 93.9 soms for diesel, equal to about $3.46, $3.85 and $4.06 per U.S. gallon. The state is using subsidies to prevent a sharper jump at the pump. Kerimov said prices would stay unchanged while talks continued with suppliers. “We are currently offered fuel at various prices,” he said, and even if purchase prices rise, “there should be no shortage on the domestic market.” President Vladimir Putin acknowledged on June 28 that fuel shortages inside Russia had created queues at filling stations. “Problems for drivers and for businesses persist,” he said, adding that “the harvest depends on” keeping seasonal fuel schedules for farms. Russian officials said gasoline reserves stood at 1.7 million metric tons, but Moscow was considering a complete ban on diesel exports. Russia had already imposed temporary restrictions on gasoline exports, with exemptions for some intergovernmental arrangements. Reuters reported on June...

Kyrgyzstan Seeks Alternative Fuel Suppliers as Russian Export Restrictions Hit

Russia’s restrictions on fuel exports are expected to put pressure on Kyrgyzstan, which remains heavily dependent on Russian petroleum supplies, First Deputy Prime Minister Daniyar Amangeldiev has said. Amangeldiev told 24.kg that the government had already moved to extend the existing duty-free fuel import mechanism in order to help stabilize the domestic market. “This issue has already been agreed within the ‘group of five’,” he said, referring to the member states of the Eurasian Economic Union. He said the fuel market remained stable for now and assured the public that the government was taking steps to prevent shortages of gasoline, diesel and aviation fuel. The comments followed an emergency meeting chaired by Prime Minister Adylbek Kasymaliev on fuel supply security, during which officials reviewed stock levels and import flows. Government officials said geopolitical tensions and disruptions to logistics were continuing to affect fuel markets and add pressure on prices. Authorities are also accelerating efforts to diversify fuel imports. Participants in the meeting said new supply channels were already being negotiated, with some concrete agreements reached. Kasymaliev ordered daily monitoring of fuel supplies and weekly coordination meetings to ensure a rapid response to emerging risks. On July 1, Kyrgyzstan’s Energy Ministry said it had launched talks with several countries to expand fuel imports and reduce dependence on a single supplier. Official requests have been sent to authorities in Russia, Kazakhstan, Belarus, Azerbaijan, Uzbekistan, and Turkmenistan as Bishkek seeks to secure additional supplies. The ministry said Kyrgyzstan imports the vast majority of its fuel and remains vulnerable to fluctuations in global oil prices, geopolitical instability in the Middle East, and disruptions to international logistics. Officials added that domestic fuel reserves are currently sufficient and that deliveries under previously signed contracts are continuing. The Energy Ministry said it is conducting daily monitoring together with the anti-monopoly regulator and holding consultations with fuel traders on logistics, pricing and stockpiling. As previously reported by The Times of Central Asia, the impact of Russia’s fuel restrictions is already being felt across the region. Kyrgyzstan has recently reported supply disruptions involving premium AI-95 and AI-98 gasoline. Kanatbek Eshatov, head of the country’s Association of Oil Traders, said some filling stations had experienced interruptions because of reduced and irregular Russian deliveries, combined with seasonal demand. Kyrgyzstan receives more than 90% of its gasoline imports from Russia. Between January and May 2026, Russia supplied more than 251,000 tons of gasoline, 235,150 tons of diesel fuel, and 48,150 tons of jet fuel to Kyrgyzstan, according to industry estimates.

Kyrgyzstan Introduces State Regulation of Fuel Prices

Kyrgyzstan has introduced temporary state regulation of motor fuel prices amid continued increases in the cost of gasoline and diesel, which the country imports largely from Russia. The Cabinet of Ministers adopted a resolution introducing measures to stabilize fuel prices, ensure economic security, maintain uninterrupted fuel supplies, and support businesses. Under the resolution, the government will subsidize imports of gasoline, diesel fuel, and liquefied petroleum gas from May 25 through September 30, 2026. Authorities have established fixed benchmark prices for imported fuel: AI-92 gasoline: $860 per ton; AI-95 gasoline: $940 per ton; diesel fuel: $950 per ton; liquefied petroleum gas: $575 per ton. The difference between market prices and the state-established benchmark prices will be compensated to importers through government subsidies. At the same time, the Ministry of Economy has been instructed to introduce temporary state regulation of retail fuel prices by establishing maximum allowable prices. The Cabinet of Ministers has also temporarily lifted restrictions on fuel imports by road transport, although most fuel deliveries to Kyrgyzstan traditionally arrive by rail from Russia. The decision comes amid mounting pressure on fuel markets across Central Asia. The Times of Central Asia previously reported that by mid-May, Kyrgyzstan’s fuel reserves covered only around one to one and a half months of consumption, while the country’s annual fuel demand is estimated at approximately 1.6 million tons. Analysts link rising fuel prices across the region to higher global oil prices after tensions involving Iran escalated, as well as to lower refining volumes in Russia following Ukrainian drone strikes on refinery infrastructure. Kyrgyzstan consumes around 1.6 million tons of motor fuel annually and imports roughly 1.2 million tons, remaining heavily dependent on external suppliers because of its limited domestic refining capacity.

Russia’s Gasoline Export Ban: Limited Shock, Broader Lessons for Central Asia

Russia’s decision to prolong restrictions on gasoline exports has raised concerns in energy markets, but for Central Asia, the immediate fallout appears limited. The true significance lies in what the move reveals about structural dependencies, the role of the Eurasian Economic Union (EAEU), and the region’s long-term push to diversify energy supplies. Moscow Extends Ban On September 2, Russian officials confirmed that the government may prolong its gasoline export ban for oil producers into October, extending measures first introduced in late summer. Deputy head of the Federal Antimonopoly Service, Vitaly Korolev, told state media that the authorities were weighing a one-month extension beyond the current deadline of September 30. As reported by Reuters, the aim is to stabilize domestic fuel supplies following refinery outages and a seasonal spike in demand. Ukrainian drone strikes have also damaged key refineries, reducing Russia’s production capacity by an estimated 10–17%. The ban affects a relatively small share of Russia’s overall fuel output but highlights the state’s readiness to intervene in energy markets. Previous restrictions in 2023 and 2024 temporarily halted shipments to stabilize domestic prices. The latest decision reflects similar concerns: tightening inventories, growing demand from the agricultural sector, and pressure to prevent inflation ahead of winter. While Moscow insists the measure is temporary, traders and governments across post-Soviet space are watching closely. Russia remains one of the world’s largest fuel exporters, and even marginal policy changes can cause significant ripples. Fuel Security in Central Asia For Central Asia, the impact of the ban will be blunted by exemptions. As members of the EAEU, both Kazakhstan and Kyrgyzstan continue to import Russian gasoline without interruption. Kazakhstan’s Ministry of Energy issued a statement stressing that the country is self-sufficient, pointing to its refineries in Pavlodar, Shymkent, and Atyrau. “For countries that have signed the relevant intergovernmental agreement… these restrictions do not apply,” Minister of Energy, Yerlan Akkenzhenov, stated. Kyrgyzstan is highly dependent on Russian imports. However, according to Kyrgyzstan’s Ministry of Energy, the 1.6 million tons of fuel the country consumes annually, 93% of which is imported from Russia under intergovernmental agreements, will remain unaffected by the export ban. Since mid-summer, gasoline and diesel prices have climbed, driven by rising global oil benchmarks and repair work at several Russian refineries. Talks are already in progress to set revised supply volumes for 2026. Non-EAEU states face a different challenge. Uzbekistan sources fuel through state-brokered contracts with Russian companies, ensuring stability for now, but smaller private importers outside of these deals have reported difficulties accessing volumes. Late last year, the Chairman of Uzbekistan’s Central Bank warned that the country’s growing reliance on Russian fuel imports could increase vulnerability to supply shocks, which may translate into limited competition and rising prices. Tajikistan remains heavily dependent on Russian fuel through bilateral import agreements, and its virtually non-existent refining capacity makes it highly susceptible to external price fluctuations, a vulnerability underscored by seasonal diesel shortages and repeated spikes in domestic fuel prices. Turkmenistan, meanwhile, continues subsidizing its energy sector heavily:...

Gasoline Prices Rise in Kyrgyzstan Amid Heavy Dependence on Russian Imports

Gasoline prices in Kyrgyzstan have continued to rise in recent months, despite official assurances that fuel reserves remain sufficient. The Kyrgyz Ministry of Energy reports that domestic supplies and ongoing fuel imports from Russia are currently adequate to meet national demand. According to the ministry, Kyrgyzstan consumes approximately 1.6 million tons of fuel annually, with over 90 percent of its gasoline imported from Russia. Each year, export volumes are negotiated between Moscow and Kyrgyz oil traders. When those volumes are exhausted, prices typically begin to increase. “The agreed volumes for 2025 have not yet been fully met, but oil products are being supplied as usual and without interruption. At the same time, work is underway to agree on new volumes for 2026,” the ministry stated. Officials attribute the recent price hikes to global market trends and disruptions in Russian refinery operations. Several refineries have undergone scheduled maintenance, while others were forced to halt operations following drone attacks linked to the conflict in Ukraine. Despite a recently announced gasoline export ban by Russian authorities, the restriction does not apply to countries within the Eurasian Economic Union (EAEU), including Kyrgyzstan. Industry Concerns About Future Supply Kanat Eshatov, head of the Kyrgyz Oil Traders Association, told The Times of Central Asia that local traders remain cautious, anticipating further price increases by the end of September. “The first half of the year was fairly calm on the fuel market, with only a slight increase in prices. But in June and July, prices rose sharply due to scheduled repairs at refineries in Russia. A total of 20 plants were shut down for repairs. Five of them underwent unscheduled repairs due to attacks by Ukrainian drones. Some Russian regions are experiencing a shortage of fuel. The Russian government is now redistributing its reserves,” Eshatov said. The association is concerned about Kyrgyzstan’s limited fuel buffer. Major oil companies in the country reportedly hold only two months’ worth of gasoline reserves. Any significant supply interruption from Russia could quickly lead to a national shortage. Comparative Prices in the Region Eshatov noted that, due to Kyrgyzstan’s exemption from export duties on Russian gasoline, fuel prices remain lower than in neighboring countries. For example, in Tajikistan, gasoline prices have increased by $0.27 per liter this year, and diesel by $0.22. In Uzbekistan, gasoline is up by $0.26 per liter and diesel by $0.11. To ensure continued supply stability, Kyrgyz oil traders are also exploring alternative import routes and are currently in negotiations with Kazakhstan and Azerbaijan.