Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Kazakhs May Ban Imports of Low-Grade Russian Fuel, Ministry Says

Kazakhstan may order a ban on shipments of Russian gasoline as the world’s biggest energy exporter sends lower-quality fuel to its southern neighbor, the central Asian country’s Oil and Gas Ministry said.

Kazakhstan, a member of the customs union with Russia and Belarus, will compensate the fuel imports with a comparable supply of crude oil to Russia, allowing it to collect an export duty after it’s resold elsewhere, said Kuandyk Kulmurzin, head of the ministry’s oil industry department, according to an interview posted on the Kazakh prime minister’s website today.

“We need to minimize Russian fuel imports to decrease oil supplies to the country,” he said.

Russia has banned the Euro-2 gasoline grade starting on Jan. 1, resulting in the export of low-quality fuel to central Asian countries, including Kazakhstan, hurting its refineries, Kulmurzin said.

Kazakhstan also plans to send as much as 1.5 million tons of crude oil to PetroChina’s Dushanzi refinery in Xinjiang, China, under a so-called tolling arrangement, Kulmurzin said. In a tolling arrangement, a company provides the feedstock and collects the finished product, paying a fee for processing.

-- Editors: Paul Abelsky, Jeffrey Donovan

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.