Published
08/02/2026, 17:06The OPEC+ countries plan to increase oil production quotas by approximately 188,000 barrels per day in September, after which they will suspend any further increases until the end of 2026. For Kyrgyzstan, this decision could be one of the factors helping to stabilise the fuel market, where prices have risen by 8–24 per cent over the past month.
AI-95 petrol has seen a particularly sharp rise in price. According to data from the National Statistics Office on average consumer prices for fuels and lubricants, its average price across Kyrgyzstan in June was 87.31 KGS per litre. By 31 July, the price had reached 108.49 KGS.
Thus, over the course of the month, AI-95 rose in price by more than 21 KGS, or 24.3 per cent.
Over the same period, the price of AI-92 petrol rose from 80.39 to 88.67 KGS per litre — an increase of 8.27 KGS, or 10.3 per cent. The average price of diesel rose from 93.8 to 101.69 KGS – an increase of 7.89 KGS, or 8.4 per cent.
Average prices for the whole of July were lower than those at the end of the month: AI-95 cost 97.83 KGS per litre, AI-92 cost 83.60 KGS, and diesel fuel cost 97.11 KGS. This is because the main price surge occurred in the second half of July.
In year-on-year terms, the increase was even more pronounced. Compared with July 2025, the average price of AI-95 rose by 30.2 per cent, AI-92 by 23.4 per cent, and diesel by 29.2 per cent.
The price rises occurred against a backdrop of disruptions to imports of petroleum products from Russia. Previously, the Kyrgyzstan Oil Traders’ Association reported that supplies had virtually ceased due to the situation at Russian oil refineries, which had come under attack from drones.
As a result, some petrol stations in Kyrgyzstan have experienced shortages of AI-95 petrol and diesel fuel.
Kyrgyzstan is particularly vulnerable to any disruptions in the Russian fuel market. The country consumes around 2 million tonnes of fuel and lubricants annually, with almost 95 per cent of this volume imported from Russia. The main items supplied are petrol, diesel, aviation kerosene, bitumen and crude oil.
Against the backdrop of this shortage, Kyrgyzstan and Russia signed an agreement on 30 July for the monthly supply of 100,000 tonnes of fuel and lubricants, as announced to the media by First Deputy Prime Minister Daniyar Amangeldiev.
If this volume is supplied over the course of a full year, total deliveries will reach 1.2 million tonnes. This corresponds to approximately 60 per cent of Kyrgyzstan’s annual fuel and lubricant consumption.
However, the key issue – the price – remains unresolved for the time being.
According to sources at Reuters, seven key OPEC+ members – Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman – intend to increase their oil quotas from September. The increase will amount to around 188,000 barrels per day.
In theory, this could keep global oil prices in check and reduce external pressure on fuel prices in Kyrgyzstan. However, an immediate drop in fuel prices is not to be expected – particularly in Kyrgyzstan – as these depend not only on global oil prices but also on the uninterrupted supply of fuel from Russia.
