Due to the ongoing rise in selling prices at Russian oil refineries, an increase in retail prices for oil products is anticipated in the Kyrgyz Republic, according to the Association of Oil Traders of Kyrgyzstan, The Caspian Post reports citing Kyrgyz media.
According to its data, the dynamics of selling prices at Russian oil refineries for the first five months of 2025 demonstrated moderate growth, the level of quotations on the exchange fluctuated in the range of 50,000-53,000 rubles per ton of AI-92, 62,000-64,000 rubles per ton of AI-95 and 51,000-52,000 rubles per ton of diesel fuel.
The main factors that influenced the growth of exchange prices were the seasonal increase in demand and scheduled and unscheduled repairs at oil refineries, which are traditionally carried out from June to August.
The unscheduled repairs arose as a result of drone attacks on Russian oil refineries. These factors have caused a decline in production of petroleum products in the Russian Federation and an increase in prices for petroleum products.
The Russian government is concerned about the situation and has imposed a ban on gasoline exports from August to September 2025 in order to avoid an increase in retail prices for fuel and lubricants and a shortage on the domestic market. Despite this, today, there is already a shortage of petroleum products in some regions of the Russian Federation.
At the same time, the ban on gasoline exports does not apply to the Kyrgyz Republic, since there is a signed intergovernmental agreement regarding the supply of petroleum products from the Russian Federation. However, this ban has entailed an additional increase in the export prices of refineries, since production has significantly decreased, and, accordingly, the supply on the Russian petroleum products market.
In the first half of this year, there were no sharp price jumps on the fuel market of Kyrgyzstan. However, given the above external factors, a gradual increase in prices for fuel and lubricants has been observed since July, as traders began selling volumes purchased at high prices.
Given the continuing growth of selling prices, the Russian refineries predicts a further increase in retail prices for oil products in the Kyrgyz Republic. Today, despite the sharp increase in selling prices at the Russian refineries, the main task of oil traders in the Kyrgyz Republic is to prevent a deficit in the fuel market of the country.
The country is import-dependent in terms of providing the population with oil products. The main import of fuel and lubricants, which is 95 percent, is carried out from the Russian Federation. Accordingly, the growth of export prices for oil products in the Russian Federation has a direct impact on the cost of fuel and lubricants in the Kyrgyz Republic.
It should be noted that retail prices for fuel in the Kyrgyz Republic remain among the lowest in the region compared to neighboring countries - Tajikistan and Uzbekistan, which also depend on the import of oil products from the Russian Federation. Prices for AI-92 gasoline and diesel fuel in neighboring Tajikistan are higher by 23.4 and 19.3 soms per liter, respectively; the difference with Uzbekistan is 23.4 soms for AI-92 gasoline and 10.4 soms per liter for diesel fuel.
