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Kazakhstan shuts down for trains with Russian gasoline

Kazakhstan has forbidden the trains with Russian gasoline to enter the country. The ban is in force for three months. The Ministry of Energy of the Republic of Kazakhstan reported.

Its head, Kanat Bozumbaev, by an order forbade the import of gasoline from Russia to Kazakhstan by rail. The Ministry of Energy notified the Eurasian Economic Commission of the ban and suggested other countries of the union to submit proposals to EEC on the application of the measures, specified in the order.

The Association of Oil Traders of Kyrgyzstan noted that Kyrgyzstan would not be affected by the ban. The ban does not apply to the fuel that is transported by rail in transit. «After the modernization of oil refineries in Kazakhstan, surplus of oil and lubricants has appeared, which must be sold. In this regard, the temporary ban was introduced,» the association explained.

Previously, oil traders reported about an increase in fuel prices. The main reason for the increase is the growth in the wholesale prices observed at the Russian refineries since the beginning of the year, which accelerated in mid-May. Fuel prices are also rising in Kazakhstan.