Take care of yourself
Kyrgyzstan is creating a strategic fuel reserve and modernizing its own oil refineries.
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**Ensuring Energy Independence: Kyrgyzstan Builds New Storage Facilities and Modernizes Oil Refineries**
The Ministry of Economy and Commerce of Kyrgyzstan has presented a number of initiatives aimed at strengthening the country's energy security and stabilizing the domestic fuel and lubricants market. According to Larisa Shustikova, a representative of the Antimonopoly Regulation Service, the country plans to build new, expandable oil storage facilities. Their goal is to create a sustainable fuel reserve, which will minimize the risks associated with potential disruptions in external imports.
Along with the creation of strategic reserves, the republic is launching a program to modernize two existing oil refineries. Upgrading production capacity will not only increase raw material processing volumes but also ensure the transition of gasoline produced to the higher K5 environmental standard.
The parallel development of storage infrastructure and domestic refining is based on agreements with one of China's largest oil and gas corporations. This cooperation includes a project to build another oil refinery in Kochkor-Ata. These measures are expected to help Kyrgyzstan reduce its dependence on imports and stabilize domestic fuel prices.