BAKU, Azerbaijan, July 13. First Deputy
Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek
Kasymaliev has held a working meeting to address the supply of
petroleum products to the domestic market, the cabinet's press
service reports.
The high-level session focused on evaluating the current
dynamics within the national fuel and lubricants market,
stabilizing import channels, and building up strategic petroleum
reserves.
"Following the meeting, relevant state bodies and organizations
were given a number of instructions aimed at ensuring uninterrupted
supplies of petroleum products to the country," the press service
noted.
To prevent local fuel shortages and price volatility, Kasymaliev
ordered relevant agencies to step up real-time monitoring of the
energy market and implement timely logistical adjustments. The
technical directives aim to safeguard the country's transit and
retail fuel networks against seasonal supply fluctuations,
according to the official statement.
Meanwhile, Kyrgyzstan’s Minister of Economy and Commerce Bakyt
Sydykov told Trend
that Bishkek is holding talks with Baku on increasing supplies of
crude oil and petroleum products from Azerbaijan.
"Kyrgyzstan and Azerbaijan are holding talks on increasing
supplies of crude oil and petroleum products. This is a relatively
new initiative for both Azerbaijan and the Kyrgyz Republic, so it
requires further elaboration. Overall, there is mutual readiness
and a shared understanding on this issue," he said.
According to him, the supply volumes are yet to be agreed, as
Kyrgyzstan has certain demand levels while Azerbaijan has
corresponding export capacity.
"It is necessary to find an optimal balance between demand and
supply volumes," Sydykov noted.
