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Rising fuel prices: Oil traders to get another budget loan

Possibility of issuing another loan to two oil trading companies for the purchase of fuel is being considered. The Minister of Economy and Commerce of Kyrgyzstan Daniyar Amangeldiev announced today at a press conference.

According to him, in the spring, Partner Neft and Red Petroleum received 2 billion soms for the purchase of gasoline. This made it possible to create a 40-day stock of fuel and lubricants. But there are problems again.

«The problem arises again due to the strengthening of the ruble and Russia’s transition to payments for fuel and lubricants in rubles. Therefore, a decision was made to provide additional support to these companies. It is planned to allocate the money for the purchase of three groups of goods — gasoline, diesel fuel and liquefied gas. The amount will be from 1 billion soms,» Daniyar Amangeldiev told.

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