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SECTION NEWS

Gasoline to fall in price by 2-2.5 soms in Kyrgyzstan

30/01/17 08:18, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

The cost of petroleum products will expectedly fall by 2-2.5 soms during February in Kyrgyzstan. Information Support Department of the government's executive office reported.

According to it, the Cabinet discussed the situation on the fuel market and the impact of unified railway tariffs on transit. It is noted that the fuel in the country will fall in price due to the use of unified railway tariffs in the transit of goods through Kazakhstan. Petroleum products will become cheaper in February upon receipt of new batches of oil products.

"According to calculations, a reduction of transportation costs of oil products from Russia to Kyrgyzstan ranged from $ 45 to $ 48 per tonne (depending on the distance from refinery to the boundaries)," the head of Department of Economy and Investments of the Government Nikolay Chuikov said. 

He added that there is a steady increase in wholesale prices at the refineries over the past three months on the Russian market of petroleum products, which affected the growth of prices in the local market. As a result, the cost of wholesale batches of petroleum products from October 2016 till January 2017 rose from 10 percent to 18 percent. At the same time, retail prices in the domestic market increased by an average of 11 percent. The volume of fuel supply will be minimal in January, as well as the impact of their wholesale cost on retail prices. 

The Prime Minister Sooronbay Jeenbekov noted that as of today the main task is to ensure stable prices for petroleum products during the upcoming spring field works. The demand for lubricants for the period is set in the range of about 100,000 tons of diesel fuel and 26,000 tons of gasoline. 


URL: http://eng.24.kg/economics/168835-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


Weather forecast
05.02.2017
  night day
Bishkek
-24...-18 -10...-5
Talas
-17...-14 -13...-7
Jalal-Abad
-14...-10 -11...-5
Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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