12 Jul 2022 15:10

Kazakhstan reintroduces restrictions on exporting petroleum products on July 12

NUR-SULTAN. July 12 (Interfax) - Kazakhstan has reintroduced the ban on exporting gasoline, diesel fuel, and other types of petroleum products by road as of July 12.

According to the joint order of Kazakhstan's Energy Minister and other departments, the export ban will be valid for six months, though it does not apply to lubricating oils, as well as to fuel in the tanks of vehicles and in separate containers up to 20 liters.

As previously reported, Kazakhstan's ban on exporting diesel fuel and certain types of petroleum products by road that the country introduced in November 2021 expired on May 21, 2022. Kazakhstan in 2021 and earlier repeatedly restricted exporting petroleum products in order to avoid fuel shortages domestically.

According to the Energy Ministry's forecast, Kazakhstan is likely to move away from imposing restrictions on exporting petroleum products in 2023. "We will perhaps next year move away from this, and we will not restrict anything. However, we need to build the right market relations, so that individual market participants would not abuse this," Kazakh Energy Minister Bolat Akchulakov noted earlier.