Kyrgyzstan extends ban on oil and petroleum product exports until 2027

Kyrgyzstan has implemented a significant policy shift, extending its ban on the export of oil and petroleum products until April 2027. This move is primarily aimed at safeguarding the domestic market and averting potential fuel shortages within the country. The updated regulation broadens the scope of the ban, now encompassing exports to all nations, a notable expansion from previous restrictions that focused on countries outside the Eurasian Economic Union.

While the ban is comprehensive, certain exceptions exist. Naphtha, fuel oil, and other specific products intended for processing outside the country are permitted, provided the processed goods are returned to Kyrgyzstan. Additionally, fuel contained within the standard tanks of transport vehicles is exempt from the export restrictions. The government has also taken steps to notify international bodies like the World Trade Organization and the Eurasian Economic Commission about these measures.

The decision comes in the wake of similar export restrictions imposed by Russia, a key fuel supplier to Kyrgyzstan. Coupled with existing challenges such as disruptions at oil refineries due to drone attacks, these measures underscore Kyrgyzstan's efforts to ensure fuel stability. To further mitigate price increases and supply issues, the Kyrgyz cabinet has approved a fuel import subsidy mechanism and introduced temporary state regulation of fuel prices.