Oil price won’t increase when Kyrgyzstan joins Customs Union
Edited by Rhod Mackenzie / 2014-06-19 01:02:35
Belarus Diesel Kyrgyzstan Oil and Gas Refining Russia Belarus Oil and Gas Petrol Processing Kyrgyzstan Oil and Gas Russia Oil and Gas Oil Production and Refining
Oil price won’t increase when Kyrgyzstan joins Customs Union, the director of the oil traders’ association U. Kulov claims. However things change if Kyrgyzstan imports raw material for oil products processing from Russia. Belarus and the RF have own oil refineries, and the competitive area should be created in which Kyrgyz oil refineries can fail to meet the demands. Its yield is smaller as well. In this case, production can reduce and Kyrgyzstan will be unable to cover demand. The expert M.
