Today at the meeting of the Government of the Republic of Kazakhstan chaired by Prime Minister Bakytzhan Sagintayev, Minister of Energy K. Bozumbayev reported on the development of the fuel and energy industry for 11 months of 2018.

According to the Ministry of Energy, for 11 months of 2018, the main indicators of the fuel and energy industry show a positive growth trend.

The volume of oil and condensate production amounted to about 82.4 million tonnes, showing an increase of 4.9% compared to the corresponding period of 2017. As K. Bozumbayev noted, oil production in three large projects amounted to 49 million tonnes, including 12 million tonnes at the Kashagan field, 25.9 million tonnes at Tengiz, and 11.1 million tonnes at Karachaganak. Oil exports amounted to 66 million tonnes of oil, which is 3.8% more than in the same period of 2017

“The volume of oil refining amounted to about 15 million tonnes of oil, showing an increase of 8.6% compared to the same period of 2017, and 2.4% higher than the plan for 11 months of this year. The volume of production of petroleum products (aviation kerosene, diesel fuel, fuel oil, gasoline) amounted to 10.6 million tonnes, showing an increase of 9.3% over the same period in 2017 and 3.9% of the plan for 11 months of this year,” – Minister of Energy K. Bozumbayev reported.

In general, according to the Minister, the situation in the oil products market is stable, there is no shortage of fuel. As of December 10 in Kazakhstan, the average retail price for AI-92 gasoline is 154.8 tenge, for inter-seasonal diesel fuel - 193.2 tenge. The amount of fuel residues at the country's oil depots is enough to cover the needs of the domestic market: Аi-92 gasoline reserves – 267.5 thousand tonnes (for 30 days), and diesel fuel - 143.2 thousand tonnes (for 11 days).

“Due to the disparity of retail prices for oil products at gas stations of the country compared to neighboring countries, there is evidence of high consumption of fuel and lubricants by transit transport in the border areas of the country,” – K. Bozumbayev said.

In this regard, in order to prevent a rise in fuel prices in Kazakhstan, as well as to reduce the risk of a shortage of diesel fuel, the Ministry of Energy is working on measures to temporarily ban the export of petroleum products (diesel fuel) outside the borders of the Republic of Kazakhstan on the basis of current legislation that does not contradict the norms EAEU.

The retail price of AI-92 gasoline in Kazakhstan is 154.8 tg/l, in the Russian Federation - 230.5 tg/l, in Uzbekistan - 273 tg/l, in Kyrgyzstan - 234 tg/l. The price of one liter of diesel fuel in Kazakhstan is 193.2 tenge, in the Russian Federation - 246.5 tenge, Kyrgyzstan - 250.8 tenge, in Uzbekistan - 208 tenge.

Gas production amounted to 50.5 billion m³, showing an increase of 4.8% compared with January-November 2017, or 6.1% more than the plan for 11 months of this year. Gas exports amounted to 17.9 billion m³, which is more than in the same period in 2017 by 14%.

According to the Ministry of Energy, 2.8 million tonnes of liquefied petroleum gas was produced, which is 7.3% more compared to the same period of 2017. Production of petroleum bitumen amounted to 809 thousand tonnes, which is 147% compared to the same period of 2017 and 108% of the plan for 2018.

Electricity generation amounted to 96.7 billion kWh, which is 4.8% more compared to the same period in 2017.

The volume of uranium mining amounted to 19.6 thousand tonnes (the plan for 11 months is 19.4 thousand tonnes, the plan for 2018 is 21.6 thousand tonnes), which is 93% compared to the corresponding period of 2017, and 100.8% to plan for 11 months of this year.

“The fuel and energy industry continues its dynamic development. Achievement of the main targets is being constantly monitored by the Ministry,” – Minister K. Bozumbayev summed up.

www.primeminister.kz

Published: 11 December 2018

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