Russia's Fuel Restrictions Spark Concerns in Kyrgyzstan

Russia is experiencing fuel shortages, with restrictions on gasoline sales in more than 50 regions. Some gas stations limit purchases to 20-30 liters per car, and 40 liters for diesel. These measures stem from refinery disruptions following drone attacks, increased seasonal demand, and panic buying by drivers.

For Kyrgyzstan, which relies heavily on Russia for fuel, these disruptions raise concerns about supply and potential price hikes. Kanatbek Eshatov, president of the Association of Oil Traders of Kyrgyzstan, notes that while the most common fuel, AI-92 gasoline, and diesel remain stable, AI-95 gasoline supply is becoming more challenging. "Offers on the market are becoming fewer. Some plants are undergoing planned maintenance, some are under forced downtime. Therefore, AI-95 is now offered less and less. Offers are decreasing, but demand exists," Eshatov stated.

Despite these supply challenges, Eshatov believes a sharp price increase in Kyrgyzstan is unlikely in the short term. The country has price caps set by the antimonopoly authority, valid until the end of September. However, if the situation in Russia deteriorates, fuel costs in Kyrgyzstan could rise after this period. Current regulated prices for AI-92 are 79.90 soms in Bishkek and 82.40 soms in Osh, while AI-95 is priced at 88.90 soms in Bishkek and 89.40 soms in Osh. Kyrgyzstan is not currently considering implementing sales restrictions similar to those in Russia.

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Offers on the market are becoming fewer. Some plants are undergoing planned maintenance, some are under forced downtime. Therefore, AI-95 is now offered less and less. Offers are decreasing, but demand exists.