Kazakhstan belongs to the category of oil-producing countries and is among the top twenty countries in terms of proven reserves of raw materials - about 11-12 billion tons of oil. Gasoline prices in the Republic of Kazakhstan are among the lowest in the whole CIS. According to Globalpetrolprices, the country is in 11th place in the global ranking of countries with the lowest cost of gasoline. With an average price of $ 0.48 per liter, Kazakhstani fuel is cheaper than in Russia, Saudi Arabia and the United States of America. Below you can find out how much gasoline costs in Kazakhstan, its price in terms of Russian rubles and the forecast for its change in the near future. The data specified in this article is relevant as of December 2018.
How much is a liter of gasoline in Kazakhstan?
Since the beginning of 2018, the dynamics of gasoline fuel prices looks positive for Kazakhstani drivers. On average, from January to November of the reporting year, the cost of the most popular gasoline fuels of the AI-92 brand fell by 2.63%, AI-96 - by 1.17%, while the price of AI-98 gas rose by 1.46%. According to experts, this is due to an overabundance of gasoline fuel in the domestic market, observed by the end of the year. The average cost of gasoline in Kazakhstan in November 2018 is shown below. To provide information on how much gasoline costs in Kazakhstan in rubles, the conversion rate of the National Bank of the Republic of Kazakhstan as of December 17, 2018, which is 5.59 tenge per 1 ruble, is used for conversion.
- AI-92 - 155 tenge (27.7 rubles);
- AI-95 / AI-96 - 176 tenge (31.4 rubles);
- AI-98 - 192 tenge (34.3 rubles).
Where is the cheapest gasoline in Kazakhstan?
Retail gasoline prices vary by city. So, the highest price mark falls on the city of Almaty - residents of the southern capital of the republic a liter of gasoline costs an average of 162 tenge or 28.9 rubles. This is 13 tenge (2.3 rubles) more than the price paid for fuel in Uralsk and Atyrau. More details about how much gasoline costs in Kazakhstan by city can be found below.
| AI-92 | AI-95 / AI-96 | AI-98 |
| in tenge | in rubles | in tenge | in rubles | in tenge | in rubles |
| Astana | 155 | 27.7 | 175 | 31.3 | 203 | 36.3 |
| Alma-ata | 162 | 28.9 | 182 | 32,5 | 195 | 34.8 |
| Shymkent | 154 | 27.5 | 174 | 31.1 | 190 | 33.9 |
| Aktau | 158 | 28,2 | 175 | 31.3 | 188 | 33.6 |
| Aktobe | 152 | 27.1 | 175 | 31.3 | 187 | 33,4 |
| Atyrau | 149 | 26.6 | 185 | 33.1 | 188 | 33.6 |
| Zhezkazgan | 153 | 27.3 | 170 | 30,4 | - | - |
| Kokshetau | 155 | 27.7 | 174 | 31.1 | 188 | 33.6 |
| Karaganda | 152 | 27.1 | 172 | 30.7 | 188 | 33.6 |
| Kostanay | 153 | 27.3 | 177 | 31.6 | 199 | 35.5 |
| Kyzylorda | 152 | 27.1 | 173 | 30.9 | - | - |
| Uralsk | 149 | 26.6 | 173 | 30.9 | 188 | 33.6 |
| Ust-Kamenogorsk | 155 | 27.7 | 176 | 31,4 | 188 | 33.6 |
| Pavlodar | 153 | 27.3 | 176 | 31,4 | 190 | 33.9 |
| Petropavlovsk | 153 | 27.3 | 177 | 31.6 | - | - |
| Families | 153 | 27.3 | 174 | 31.1 | 188 | 33.6 |
| Taldykorgan | 156 | 27.9 | 175 | 31.3 | - | - |
| Taraz | 153 | 27.3 | 169 | 30,2 | - | - |
| Turkestan | 154 | 27.5 | 174 | 31.1 | - | - |
Kazakhstan gasoline price forecast
The question of how much gasoline costs in Kazakhstan in 2019 will be one of the most urgent for both local drivers and those who are going to go to this country. According to experts, an increase in prices for Kazakhstani gasoline fuel is inevitable in the coming years. There are a number of reasons for this:
- opening borders for exporting locally produced gasoline abroad, which could lead to a shortage of fuel and its subsequent rise in price;
- formation of a unified pricing policy for gasoline within the framework of the Eurasian Economic Community, which means that Kazakhstan will focus on the more expensive Russian gasoline fuel market in the pricing process;
- an increase in import excise taxes, which will limit competition among fuel sellers and lead to higher prices.
However, one should hardly expect sharp jumps in gas prices. If the price of this fuel is unjustifiably instantaneous in the country, social tension may arise, which carries a number of risks to the country's stability. In the event of unforeseen price fluctuations as a result of market conditions, the Government of the Republic of Kazakhstan has economic and legal levers to regulate gas prices.