Kazakhstan Plans to Reinstate Duty-Free Imports of Oil and Petroleum Products From Russia
Photo: Elements.envato.com, ill purposes.
Kazakhstan plans to renew its intergovernmental agreement with Russia on trade and economic cooperation in the supply of oil and petroleum products, Orda.kz reports.
A corresponding bill has been submitted to the Majilis for consideration. It concerns the ratification of a protocol that would extend the agreement first signed in December 2010, with certain amendments to the existing document.
The original Kazakhstan–Russia agreement provides for the duty-free import of Russian petroleum products into Kazakhstan. It expired on January 1, 2024. In October 2024, Kazakhstan's Ministry of Energy reached an agreement with other government agencies to prolong the supply regime.
In November, it received counterproposals from the Russian side, which Kazakhstan accepted. The Ministries of Finance, National Economy, and Justice also supported the initiative.
The Russian government approved the renewed agreement in July 2025.
Under the updated terms, the duty-free supply of Russian petroleum products will be extended until 2028, a move that aims to protect Kazakhstan’s domestic fuel market from potential disruptions and price volatility.
Original Author: Nikita Drobny
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana