31.03.2020, 15:33
Kazakhstan Has Limited Fuel Imports from Russia for Three Months
Source: OREANDA-NEWS
OREANDA-NEWS. The Minister of Energy of Kazakhstan Nurlan Nogaev has signed a decree banning the supply of aviation fuel, gasoline and diesel from Russia by rail, the media reports.
“Introduce a ban for a period of three months on the import into the Republic of Kazakhstan from the Russian Federation by rail of gasoline, aviation and diesel fuel”, the decree says. Earlier, gasoline and diesel fuel export producers in Kazakhstan were exempted from excise taxes by the end of the year, the news agency said. A similar order to ban imports was already introduced in Kazakhstan in 2018.
Then the Minister of Energy of the country Kanat Bozumbayev also stopped the import of gasoline from Russia by rail. Vice Minister of Energy Bolat Akchulakov specified that Kazakhstan has the right to periodically introduce a convention ban on the import of petroleum products as part of an agreement with Russia.
The decision to ban imports is associated with the intention of Kazakhstan to prevent the saturation of the domestic market with oil products and to develop its own exports.
“Introduce a ban for a period of three months on the import into the Republic of Kazakhstan from the Russian Federation by rail of gasoline, aviation and diesel fuel”, the decree says. Earlier, gasoline and diesel fuel export producers in Kazakhstan were exempted from excise taxes by the end of the year, the news agency said. A similar order to ban imports was already introduced in Kazakhstan in 2018.
Then the Minister of Energy of the country Kanat Bozumbayev also stopped the import of gasoline from Russia by rail. Vice Minister of Energy Bolat Akchulakov specified that Kazakhstan has the right to periodically introduce a convention ban on the import of petroleum products as part of an agreement with Russia.
The decision to ban imports is associated with the intention of Kazakhstan to prevent the saturation of the domestic market with oil products and to develop its own exports.
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