Both expensive and angry

Both expensive and cheap

By the end of September, the cost of AI-92 and AI-95 gasoline supplied to Uzbekistan from Kazakhstan and Russia rose by $100–150 per ton. This occurred due to an increase in global oil quotations and a reduction in shipment volumes from both countries. But instead of the expected surge in demand, Uzbek buyers showed cold indifference and refused the more expensive batches, Argus agency reports.

Traders note an unexpected turn: local companies are increasingly bypassing imported fuel and switching to products from domestic refineries. More affordable local production gives buyers the opportunity not to depend on price fluctuations and to choose gasoline produced inside the country instead of more expensive Kazakh and Russian counterparts.

In addition, alternative offers have appeared on the market of Uzbekistan. In particular, batches of Turkmen Eco-93 gasoline are being offered. According to traders, this product can be delivered to Uzbek enterprises for the further production of fuel that meets local technical requirements.

Thus, the oil products market in Uzbekistan found itself influenced by several factors at once: the growth of global quotations, limited supply from Kazakhstan and Russia, as well as the readiness of local buyers to switch to products from their own refineries when imports become more expensive.

The ability to use Turkmen gasoline for subsequent processing expands the options for supplying the Uzbek market. This is especially important in conditions where traditional imported batches are becoming increasingly less attractive in price. The situation shows that the market is adapting to new conditions, betting on the availability and flexibility of supplies.