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Introduction of ban on export of combustive-lubricating products not to affect profitability of national oil-and-gas company - Samruk chairman

Astana. June 2. Kazakhstan Today - Introduction of interdiction on export of combustive-lubricating materials will not affect profitability of the national oil-and-gas Company KazMunaiGas. The chairman of Samruk Holding Kanat Bozumbayev stated his opinion today during the meeting with the deputies of the Senate of the Parliament, the agency reports. This interdiction does not have too big influence on KazMunaiGas due to some reasons," K. Bozumbayev said answering the question. He explained that practically all diesel fuel, which Trading House KazMunaiGas produces for today, is directed under the state program to agricultural producers." "Diesel oil is sold at a fixed price, by about 20 % below than a market price," K. Bozumbayev emphasized. "As for gasoline made by the Trading House KazMunaiGas, practically all gasoline is being sold through its own filling gas station network ... There is no influence on KazMunaiGas," Samruk chairman said.

Resourse: Kazakhstan Today

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