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Kazakhstan to re-impose ban on export of some petroleum goods

27 December 2013 18:25 (UTC+04:00)
Kazakhstan to re-impose ban on export of some petroleum goods

By Aynur Jafarova

Kazakhstan is to re-impose a temporary ban on the export of some petroleum products. The decision will come into effect on January 1, 2014.

The ban will cover the export of light distillates, kerosene, gas oil and other petroleum products, Novosti-Kazakhstan reported on December 27.

The decree said the measure is aimed at prevention of a critical shortage of oil products and price rise in Kazakhstan.

There is a ban in Kazakhstan on the export of some products such as light distillates and products, kerosene, gas oil as well as other petroleum products. These restrictions were imposed in January 2013 for a period of six months but did not apply to special gasoline products and domestic heating oil.

Every six months Kazakhstan extends the prohibition.

In 2012, production of oil and oil and gas condensate in Kazakhstan amounted to 79.2 million tons.

The volume of exports of oil and gas condensate amounted to 68.616 million tons last year.

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