Fuel Disruptions in Russia Create Opening for Kazakhstan, but Refineries Aren’t Enough
Kazakhstan is attempting to use its refining capacity to gain an edge in regional fuel markets. Disruptions in Russian supplies and tight global diesel markets have created new opportunities for the country. This situation also brings risks for the largest oil producer in Central Asia. The government wants to satisfy all domestic demand for petroleum products. Once domestic needs are met, the state plans to export finished fuels.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is seeking to turn its refining capacity into a competitive advantage in regional fuel markets as disruptions to Russian supplies and tightening global diesel markets create new opportunities and risks for Central Asia’s largest oil producer. The government aims to fully meet domestic demand for petroleum products and begin exporting finished fuels… The post Fuel Disruptions in Russia Create Opening for Kazakhstan, but Refineries Aren’t Enough appeared first on The Astana Times .