Since July 15, Uzbekistan has temporarily limited the exports of locally produced gasoline and diesel fuel. This is provided for by the Minutes of the Meeting of the Cabinet of Ministers, approved on July 16, two sources in the oil and gas sector and in the government told the Tashkent Times.
Reportedly over the past month, about 15-16.5 thousand tons of gasoline were exported, which is "equal to 5-6 days' demand for fuel in Uzbekistan."
After restricting exports, Uzbekneftegaz increased the volume of gasoline offered for exchange trades, which “should lead to lower prices,” the source said.
The government of Uzbekistan did not impose restrictions on fuel imports.
Year-to-date, exchange prices for diesel fuel have increased by almost 50% - from 10.82 million to 16.14 million soums. Uzbekneftegaz explained the growth by high prices for Brent oil and temporary difficulties in importing oil products into the country.
The most popular brand of AI-80 gasoline has risen in price by 10.9% since January, from 8.1 million to 8.99 million soums. The retail price at Uzbekneftegaz gas stations remains at 6,800 soums per liter, although it is sold at prices ranging from 7,000 to 8,600 soums at private gas stations. The company reported an increased demand for AI-80 due to the fact that importers began to import less high-octane gasoline.
