BISHKEK, Kyrgyzstan, May 12. Since the
beginning of military actions between the United States and Israel
against Iran, global markets have seen a sharp increase in the
prices of gas and petroleum products, which is directly affecting
Kyrgyzstan, Daiyrbek Orunbekov, the head of the press service of
the Kyrgyz president, wrote in a post on his Facebook page,
Trend reports.
According to him, before the conflict, the price of one ton of
RON-92 gasoline imported from Russia was around $650, whereas at
present it has increased to an average of $950.
Daiyrbek Orunbekov noted that similarly, the price of diesel
fuel has risen from approximately $700 to more than $1,200 per
ton.
Addressing public questions regarding the difference in fuel
prices between Kyrgyzstan and neighboring Kazakhstan, he emphasized
that the key factor is Kazakhstan’s domestic oil resources and
state subsidies, which allow it to keep prices lower.
"In Kazakhstan, fuel is subsidized by the state, meaning the
difference is covered by the national budget. A similar practice is
applied in our electricity sector: with a production cost of 3.07
soms, electricity is supplied to the population at 1.64 som, and
the difference is compensated by the state," he wrote.
He also added that if Kyrgyzstan had significant oil reserves,
it could implement a similar pricing policy in the fuel sector.
However, due to limited resources, the country remains dependent on
imports.
At the same time, Orunbekov stressed that the state is actively
working on developing its own oil refining industry. In particular,
modernization works are ongoing at "Kyrgyzneftegaz" and the
"Zhongda" oil refinery. Once completed, these facilities are
expected to produce fuel meeting Euro standards, improving quality
and partially stabilizing the market.
