Duty-free: Kazakhstan intends to import fuel from China

Kazakhstan is set to import fuel from China duty-free as part of a strategy to diversify its energy supply and stimulate domestic deliveries. The country's Vice Minister of Trade and Integration, Zhanel Kushukova, announced the plan to eliminate import duties on fuel from third countries.

Previously, Russia was Kazakhstan's primary fuel supplier. However, the current geopolitical situation has prompted Kazakhstan to seek alternative sources. "It's nearby, and naturally, they are a large resource holder. But now, considering the current situation, we are literally making a decision within the Eurasian Economic Commission to reduce import customs duties to stimulate fuel imports from third countries, primarily China," Kushukova explained.

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It's nearby, and naturally, they are a large resource holder. But now, considering the current situation, we are literally making a decision within the Eurasian Economic Commission to reduce import customs duties to stimulate fuel imports from third countries, primarily China.

The initiative is not about increasing overall import volumes but rather reducing import duties to zero within the Eurasian Economic Union. Fuel supplies from third countries will be strictly for the domestic market, with duty rates potentially fluctuating based on global oil prices.

While Kazakhstan is currently self-sufficient in gasoline and diesel, it relies on imports for aviation kerosene. The country may increase its purchases of this specific fuel from third countries. "We do not have full self-sufficiency in aviation fuel, regardless of the presence of our own deposits. Therefore, we will buy aviation fuel from third countries. We are looking at it now – for the year," the official added.

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We do not have full self-sufficiency in aviation fuel, regardless of the presence of our own deposits. Therefore, we will buy aviation fuel from third countries. We are looking at it now – for the year.