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Fuel Prices Kazakhstan
Part of: GIZ International Fuel Price database
Also see: Kazakhstan Energy Situation
Fuel Pricing Policies
| Local Currency: | KZT |
| Exchange Rate: | 145.5
|
| 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* |
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| in Local Currency |
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* 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 |
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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
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