Kazakhstan to extend ban on petrochemicals export

10:49, June 01, 2011      

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Kazakhstan wants to extend the ban on petrochemicals export beyond July 1, Minister of Oil and Gas Sauat Mynbaev said on Tuesday in Astana, the Kazakh capital.

"We hope to extend the ban. We have to agree it with our partners in the Customs Union," Sauat Mynbaev told journalists.

Answering a question about possible time limits for the ban, the minister said that all would depend on the market situation.

Meanwhile, an informed source told Interfax-Kazakhstan that the ban would be extended to the end of this year.

As previously reported, in April Kazakhstan extended the ban on petrochemicals exports until July 1.

In November 2010, the Kazakh government extended for six months the ban on the exports of light distillates, kerosene and gas oils, except special gasolines and domestic heating oil.

Source: Xinhua
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