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Energy

A $25 million refinery signs into Kyrgyzstan’s fuel gap

The cabinet signed an investment agreement on 20 July with the company Central Asian Energy to build and operate a refinery in Kochkor-Ata: $25 million, capacity above 450,000 tons of products a year, with a first stage due by the end of 2026. Construction has already begun.

A $25 million refinery signs into Kyrgyzstan’s fuel gap

The agreement was signed at the economy ministry by minister Bakyt Sydykov and the company’s general director Shao Peipei, the ministry’s press service said. The plant is to produce K-5 and K-6 class gasoline and diesel, bitumen and motor oils; the investor’s line, via the release: "We view Kyrgyzstan as a reliable partner."

The context prices the promise. Kyrgyzstan imports more than 90% of its gasoline from Russia, banned fuel exports indefinitely this month, and signed its first diesel and jet fuel contracts with Belarus and China. Kochkor-Ata already hosts Kyrgyzneftegaz’s small legacy refining operation; a new 450,000-ton plant would be a different order of presence in that arithmetic.

The open questions are the story’s second half. The ownership of Central Asian Energy is not disclosed in the release. And a refinery needs crude: Kyrgyzstan’s own output is minimal, so whose oil feeds the plant will say more than the ribbon. Conversion to watch: verified site works, a feedstock contract, and first product against the December deadline.