Kazakhstan to Up Price of Gas and Diesel for Foreign Vehicles
Due to government controls, Kazakhstan currently charges the lowest prices for motor fuel compared to other members of the Eurasian Economic Union, including Armenia, Belarus, Kyrgyzstan, and Russia. To maintain the balance of fuel for the domestic market, as well as minimize the risks of ‘gray’ fuel exports, the Ministry of Energy of Kazakhstan has prepared a draft to increase prices for AI-92 and AI-93 gasoline and diesel fuel to be levied in accordance with the origin of vehicles. The proposed new price for AI-92 and AI-93 gasoline in Kazakhstan is 245 tenge per litre. However, for drivers holding licenses and vehicle registration certificates issued in Kazakhstan, the price will remain unchanged, at 205 tenge per litre, if no more than 300 litres are bought per day. Likewise, the price of diesel will remain at 295 tenge per litre for locals but raised to 315 tenge per litre for non-residents of Kazakhstan. In a statement issued on 11 April, the Ministry of Energy gave assurance that the country currently has sufficient motor fuel to satisfy the domestic market. Now published, the draft is open for public discussion.