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Petrol in Kyrgyzstan may not become cheaper

Car owners of Kyrgyzstan may not see the decrease in gasoline prices, Vice Prime Minister of Kyrgyzstan Oleg Pankratov said today at a press conference.

According to him, the cost of imported products expected to decrease by 2–2.5 soms due to the use of a unified railway tariff. It also concerns fuel supplies.

The decline in gasoline retail prices will be only in the case if the selling price doesn’t increase. But the selling price increases because of repairs at the Russian factories. This eliminates the effect of the transition to a unified tariff.

Oleg Pankratov

The official reminded that an agreement on duty-free oil supplies was signed with Russia. This will give opportunity to launch two refineries in Kara-Balta and Tokmok at full capacity. Furthermore, this will create a competitive environment on the market.