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Economy

Diesel in Dushanbe falls 6% as Russian deliveries triple, while petrol rises 7.4% and liquefied gas 18% in 3 weeks

AI-92 petrol in Dushanbe costs about 14.50 somoni a litre against 13.50 at the end of August, liquefied gas 6.70 against 5.70 and diesel 15.50 against 16.50, Asia-Plus reported on Wednesday: petrol up about 7.4% in under a month, gas up about 18%, diesel down about 6%. The diesel fall follows Russia’s August deliveries of more than 56,000 tonnes against about 16,000 in July, a 3.5-fold rise; the reasons the authorities have given for the petrol rise are the world market, export restrictions in producing countries and transport costs.

Bar chart of Dushanbe fuel prices in somoni per litre on 31 August and 23 September, petrol and gas bars lengthening and the diesel bar, in amber, shortening.

The 56,000 tonnes are the figure Reuters’ traders gave on Monday for Russia’s August diesel to Tajikistan, which CAW carried on Tuesday: the country’s share of the 370,000 tonnes that went to 4 buyers in the region, and the one fuel whose price moved down. Russia supplied 91.1% of Tajikistan’s 599,500 tonnes of oil-product imports in the first half of the year; the export ban Moscow keeps on its producers exempts the intergovernmental supplies these deliveries run under. Diesel is the one fuel Russia is sending more of.

Liquefied gas is the other supplier’s story. Tajikistan imported 241,000 tonnes of it in the first half, almost two thirds from Kazakhstan, so the somoni a litre the gas pump has gained since 31 August is a Kazakh price at a Tajik pump.

Diesel is the one fuel Russia is sending more of.

Petrol’s 7.4% came in 3 weeks; diesel’s own summer ran from about 11 somoni in early June to 17 or 18 in late July before the August deliveries brought it back to 15.50. At 14.50 somoni, about $1.57 at the National Bank’s rate of 9.2485 for Thursday, petrol is the cheaper of the 2, and diesel at 15.50 stays dearer than petrol even after its fall.