20 May 2022 14:11

Kazakhstan not planning to ban petroleum products exports in 2023 - energy minister

NUR-SULTAN. May 20 (Interfax) - Kazakhstan will stop imposing bans on exports of petroleum products next year, Energy Minister Bolat Akchulakov said.

"Probably, we will stop this practice next year, and will not restrict anything. But we need to build healthy market relations so that the market players should not be able to take advantage in such situations [when exports of petroleum products are banned]," Akchulakov told reporters on Friday.

The ban on exports of petroleum products introduced until May 21, 2022 will be extended for another six months, the minister said.

Kazakhstan banned exports of gasoline, diesel and some petroleum products by motor vehicles from November 21, 2021 until May 21, 2022.