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Kazakhstan actually subsidizes the economy of other countries with its cheap fuel

news-id-109895" style="display:inline;">According to him, in March last year, retail prices for diesel fuel in the Russian Federation fell to the level of prices in the domestic market of Kazakhstan. As a result, sales of fuel decreased significantly at gas stations bordering Russia, as there was no interest in exporting it from our country due to price parity.

“But literally a month later there was a sharp increase in retail prices in neighboring countries and Russia. As a result, already in the autumn, despite the increase in diesel fuel production, we faced an acute shortage of it,” the acting director noted. energy minister.

– This year the price disparity remains. As a result, in March we see an increase in consumption, which is already 15% compared to the corresponding period last year, Akchulakov said.

“In such a situation, diesel fuel will definitely “leak” to other countries and in a larger volume. We may face a shortage of diesel fuel in the amount of 850,000 tons,” the acting head emphasized. head of the energy department.

At the same time, he noted that if earlier the deficit was covered by increasing production volumes, now refineries are working at the limit of their capabilities. According to the speaker, one should not count on a significant increase in the production of diesel fuel and fuels and lubricants in the next 6 years, since the Shymkent refinery reconstruction project will be carried out during this period.

“Thus, Kazakhstan, with its cheap fuel, actually subsidizes the economy of other countries to the detriment of its own national interests,” B. Akchulakov summed up.

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