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Tuesday, September 21st, 2021

POL fully provided to domestic agricultural producers in 2016

by December 20, 2016 Market

Government meeting considers the development of oil and gas industry in Kazakhstan over 11 months of 2016 and the situation on the domestic fuel market.

According to the Minister of Energy Kanat Bozumbayev, the volume of oil and condensate produced in the period mentioned amounts to 70.8 million tons. Measures taken this year to support the oil and gas enterprises and the launch of Kashagan will increase the annual planned volume of oil production from 74 to 75.5 million tons. The volume of oil refining will be in turn 13.1 million tons.

The obligations to supply cheap POL for the needs of farmers are fully implemented. The volume of stocks at petroleum tank farms as of December 13 is the following: over 103 thousand tons of AI-92/93 petrol and 155 thousand tons of diesel fuel.

The POL residues are sufficient to meet domestic demand. Deficit at the gas stations is not observed

Source: Government of the Republic of Kazakhstan