BAKU, Azerbaijan, Nov. 4
Trend:
The situation on the fuel and lubricants market is stabilizing, Energy Minister Magzum Mirzagaliyev said, Trend reports referring to Kazinform.
“The fuel crisis we faced began back in the summer months when diesel fuel stocks in oil depots began to deplete very rapidly, and the first practical solution was to organize a meeting with the Russian Ministry of Energy. The Russian energy minister responded, and in just a month and a half we were able to stabilize the diesel fuel situation," Mirzagaliyev told reporters at the governmental meeting.
The Kazakh minister informed that nearly 190,000-200,000 tons of diesel were imported.
“This is a sufficient volume to stabilize the situation. Of course, the issue of price is very relevant. The fact is that we are seeing an increase in the price of oil. Accordingly, in Russia at factories, the price of fuels and lubricants has grown significantly. We were forced to import more expensive diesel fuel, and most importantly, we were able to stabilize the situation in terms of its availability at filling stations," he added.
