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Difference between revisions of "Fuel Prices Kazakhstan"

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Revision as of 17:34, 2 December 2012

Part of: GIZ International Fuel Price database
Also see: Kazakhstan Energy Situation

Fuel Pricing Policies

Local Currency: KZT
Exchange Rate: 145.5


(2010/11/17)

Last Update: 2011/05/01

Kazakhstan is a producer and exporter of oil products.

In late 2009, the government installed a new ceiling price of 82 Tenge for motor fuels after several price increases had taken place.

Since Kazakhstan produces 100% of oil products needed itself, fuel prices are very low. Installing ceiling prices below the international market price level, however, implicates a de-facto (fiscal) subsidy on fuels.

According to an internet article (→App. A1), the fuel price in Kazakhstan is connected to the fuel price level in Russia, which is an important export country for Kazakhstan.

The Ministry of Oil and Gas publishes some information on their website (http://mgm.gov.kz/), including the legal and regulatory framework for several energy subsectors. However, no information on fuel pricing is available.

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



Fuel Price Composition

Price composition.



No information available.



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
IFPDB matrix point.png
IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight red.png



Sources to the Public

Type of Information Web-Link / Source
Other Information http://mgm.gov.kz/


Contact

Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de

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