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16 сентября 2014 20:39
Diesel order 60% above official price cap placed by Kazakhstan government agency
Kazakhstan is still experiencing fuel deficit. The oil and gas producing country had some regions feeling serious shortages with kilometer-long queues forming in places. Domestic refineries produce only 60% of the gasoline products that the country consumes, while the rest has to be imported, mainly from Russia. The Kazakh government is trying to find a solution to the problem which periodically reoccurs, especially in the high season.
Imagine the surprise of our Tengrinews correspondent when he discovered two tenders on the website of public procurement placed there by the Department of Customs Control of East Kazakhstan Oblast who were ordering to buy winter diesel fuel at a price of 195 tenge per liter including VAT ($1.07).
In Kazakhstan, the government sets caps on retail sales of petroleum products, including gasoline. And the current cap on diesel is 115 tenge per liter ($0.63).
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