Kyrgyzstan is looking for guarantees for the supply of oil products amid global crises.
Instability in global energy markets is forcing Kyrgyzstan to review its fuel supply system. Conflicts in Ukraine and the Middle East, sanctions and disruption of normal transportation routes create risks for the supply of oil products. The possible consequences of these processes and the ways to protect the local market were discussed at the round table of the Center for Expert Initiatives "Oi Ordu" "The oil products market of Kyrgyzstan in the context of the transformation of the international fuel and energy sector: challenges and opportunities for regional cooperation mechanisms".
According to Doctor of Economic Sciences Kubat Omorskov, the international situation will remain uncertain in the coming years. The reduction of supplies through the Black Sea, the tensions in the Yemen and Red Sea region and the risk of a new flare-up between the United States and Iran are complicating international trade.
Kyrgyzstan has already faced the consequences of these processes. In the months of August-September there were disturbances in certain types of fuel, especially with AI-95 gasoline. At the same time, Russia, although it remains the main supplier, is itself experiencing limitations, which in the future may lead to a reduction in the volume of exports to the republic.
Therefore, the government is working on alternative directions. Kazakhstan can supply some of Kyrgyzstan's needs; Relevant issues are planned to be discussed during the upcoming visit of the Kyrgyz delegation. Supplies from Azerbaijan and Turkmenistan are also being considered, and the government has asked China to facilitate the supply of petroleum products.
Kubat Omurskov sees Kazakhstan as the most convenient option: the proximity of factories makes it possible to reduce transportation costs. It is suggested to consider exchange programs.