Results of the week: the new lower prices for petroleum products, frozen transportation tariffs, profitability of Kashagan.
Edited by Rhod Mackenzie / 2015-02-17 06:53:35
Kazakhstan Oil and Gas Russia Petrol Kazakhstan Oil and Gas Russia Oil and Gas KazMunayGas Oil Production and Refining
Among the events of the last week we should note another cut in Kazakhstan maximum retail prices for fuel and lubricants and production cost of a barrel of oil at Kashagan voiced by the head of "KazMunaiGas" Sauat Mynbayev.
The Ministry of Energy of Kazakhstan reduced the maximum retail prices for diesel fuel and AI-92 gasoline to 99 tenge per liter from 107 and 109 tenge respectively. Note that earlier some gas stations independently lowered the cost of AI-92 gasoline to 104-105 tenge per liter.