mimile
mimile.ai
Back to feed

Kazakhstan raises household gas price by 15%

AI digest

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakhstan increased the retail price of liquefied petroleum gas for households by 15% on June 14. The price hike follows a government decision to gradually reduce subsidies.

The Price Increase

The Ministry of Energy approved a 15% rise in the regulated price of liquefied petroleum gas (LPG) for household use, effective June 14. The new price is 85 tenge per liter, up from 74 tenge. The adjustment applies to all regions except for the Mangystau and Atyrau oblasts, where prices remain lower due to local production.

Subsidy Reduction Plan

The government aims to phase out gas subsidies over three years, aligning domestic prices closer to export parity. According to the Ministry of National Economy, subsidies cost the budget 120 billion tenge in 2025. The gradual increase is intended to reduce the fiscal burden while minimizing social impact.

Qatari Investment in Gas Infrastructure

Kazakhstan plans to expand its natural gas infrastructure with investment from Qatar. The project aims to increase domestic gas consumption and reduce greenhouse gas emissions.

Kazakhstan at Gas Exporting Forum

Kazakhstan participated as an honorable guest at the Summit of the Gas Exporting Countries Forum, represented by Foreign Minister Erlan Idrissov. The invitation highlighted Kazakhstan's role in the global energy market and the importance of Caspian partnership.

What's Next

Further price increases are scheduled for January 2027, with a target of full market pricing by 2028. It remains unclear whether the government will introduce compensatory measures for low-income households.