Kazakhstan is negotiating with Russia to boost gasoline supplies to the republic nearly threefold, rising from the current 40 thousand tons to about 110 thousand tons in 2023, according to Interfax citing Kazakhstan Deputy Minister of Energy Erlan Akkenzhenov. The move is tied to repairs planned for the largest oil refinery in Atyrau, scheduled from October 1 to November 3. In October, Kazakhstan is expected to purchase roughly 15 thousand tons of gasoline from Russia to offset the refinery’s idle period. Officials acknowledge that there may be little or no need for additional supplies in November and December if the refinery returns to full operation sooner than anticipated.
Akkenzhenov noted that the gasoline imports from the Russian Federation are indicative in nature and will be adjusted once the Atyrau plant resumes normal production. Earlier, the Russian government limited exports of gasoline and diesel to stabilize domestic prices, and the Council of Ministers continues to work on new measures to calm the market. Markets reacted to the restriction just days earlier as oil and gasoline prices shifted on the stock exchange following the export controls.
The situation highlights how regional energy dynamics influence supply planning and pricing strategies across neighboring economies. Kazakhstan’s decision to lean on Russian supplies during a refinery maintenance window underscores the importance of adaptable logistics and close intergovernmental coordination. Analysts suggest this temporary alignment could help cushion domestic price volatility while ensuring uninterrupted fuel access for critical sectors during the maintenance window. Observers also emphasize that any adjustments to imports will depend on real-time assessments of refinery performance, regional demand, and the evolving regulatory landscape in both countries. In essence, the episode illustrates how state-managed strategic reserves and cross-border transactions can serve as stabilizing tools in times of refinery downtime and market disruption. The broader takeaway for policymakers is to balance supply assurances with market flexibility, ensuring that price stability does not come at the expense of energy security for households and businesses alike.