Kazakhstan's diesel output will hit a record high in 2021
Salim Greyev, Director of the Petroleum Transportation and Processing Department of the Ministry of Energy of Kazakhstan, said at a media briefing that day, thanks to the successful completion of the transformation of the three major domestic refineries, it is expected that Kazakhstan’s diesel output in 2021 will increase from 400 in 2017. 10,000 tons increased to 4.9 million tons, an increase of 6.8% compared with 2020 output (4.678 million tons), the highest level in history. From January to August 2021, Kazakhstan produced 3.27 million tons of diesel, a year-on-year increase of 9%.
Sa said that in 2021, diesel consumption in Kazakhstan will increase substantially, reaching a single-month historical peak of 519,000 tons in August, and this momentum will continue in September. One of the reasons for the sharp increase in diesel consumption is the seasonal increase in transit freight. The price of diesel in Kazakhstan is lower than that of neighboring countries. The price of diesel per liter is 90 tenge lower than Russia, 77 tenge lower than Uzbekistan, and 60 tenge lower than Kyrgyzstan. Due to the huge price difference, transit vehicles often choose to refuel in Kazakhstan. According to statistics, gas stations in the urban area of Harbin sell about 80% of gasoline and 20% of diesel, while the situation at highway gas stations is just the opposite. As of September 21, Kazakhstan has 210,000 tons of diesel fuel, which can meet the supply of 12-13 days. It is suggested that large diesel consumers such as mining and metallurgical enterprises and chain gas stations may consider importing diesel to make up for the shortfall.
Sa stated that Kazakhstan can import 530,000 tons of diesel from Russia according to the guiding target agreed upon by Kazakhstan and Russia in 2021. From January to August, the actual imported diesel was 145,000 tons, and 385,000 tons could be imported by the end of the year. There are no restrictions on the import of diesel from Russia. The Ministry of Energy of Kazakhstan is negotiating with the Russian counterparts on this.