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Kazakhstan considers prolonging ban on fuel exports till October

21 june 2011, 16:17
Sauat Mynbayev. Photo courtesy of focus.kz
Sauat Mynbayev. Photo courtesy of focus.kz
On the sidelines of a government session in Astana June 26 Kazakhstan's Minister of Oil and Gas Sauat Mynbayev informed journalists that Kazakhstan intends to prolong the ban on export of fuel till the beginning of October, Novosti Kazakhstan reports.

"Till the beginning of October-that is for sure, I suppose, and after that we will see what to do", he said to the journalists.

According to Mynbayev, "the respective draft decree is to be signed by July 1".

The current ban on fuels exports is in effect before July 1. The ban has been introduced to prevent fuel deficit and consequent price hikes during the grain sowing campaign.

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