No shortages observed – Kazakh energy minister on jet fuel
The renewal of the Kazakh refineries has facilitated the increase in jet fuel production to 694 thousand tones, or 1.8% up over last year’s figure, Strategy2050.kz correspondent reports.
“The current jet fuel output allows meeting the country’s entire needs, with the possibility of producing 850 thousand tons per year if need be. The Ministry observes a stable situation in the jet fuel market and no shortages”, Kanat Bozumbayev, Kazakh Energy Minister, addressed the government session.
He also said that the wholesale costs for jet fuel ranged from $578 to $621 per ton, while costs for imported jet fuel were from $672 to $700 per ton as of 25 September this year.
Since December 2018, there has been the decrease in the price for Kazakh jet fuel by $65.
According to him, all three refineries producing light oil products operate in normal mode.
Providing the citizens with quality and safe air services is among the main tasks to us, according to Kazakh PM Askar Mamin, who listed some positive trends in the Kazakh aviation industry, including the increased passenger flow, the launch of the Kazakh low-cost airline, the expanding geography of flights, the ongoing upskilling of personnel.
“The Ministries of Industry and Infrastructural Development, National Economy, Finance and Foreign Affairs need to proceed with the opening of flights to Shanghai and Singapore by 2020, and the accreditation of domestic airlines to launch flights to New York”, the Kazakh PM concluded.
Adlet Seilkhanov
