How will the prices of gasoline in Kazakhstan after the 2018 World Cup change?



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The World Championship runs from June 14 to July 15, 2018. According to the Deputy Director of the Analytical Department of Alpari Natalia Milchakova, there are such grounds.

"First, oil prices remain high, which will objectively raise the price of gasoline. Second, in the post-Soviet space, it is more profitable to to sell crude oil abroad than to recycle it, excise duty policy and other taxes on oil producers contribute to higher prices for petroleum products. Uncontrolled rise in the price of gasoline has been halted and the issue of reducing excise taxes on gasoline is now being examined.The gasoline may nevertheless, despite all the measures taken, start increasing if the state does not start to manually regulate prices or take measures to completely abolish excise duties, "said the Russian expert

. and for Russia and Kazakhstan, refineries in the post-Soviet space were historically built mainly for the production of fuel and heavy petroleum products, there was very little capacity for light oil products. And now we need big investments in the modernization of the refinery.

The well-known expert Zharas Akhmetov replied laconically that he had no predictions for the unfolding of the World Cup, and the cost of even more petrol.

"It is an oligopolistic market with a strong influence of the state", explains Akhmetov, why it is difficult to predict anything

Arman Baiganov, economist from Astana Best Consulting Group. According to him, all the forecasts in this case – like "a finger in the sky."

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