Uzbekistan to Lift Gas Price Cap at Gas Stations Starting August 1

This article is also available in: Русский (Russian) Uzbek

Starting August 1, Uzbekistan will lift the maximum price cap on gas for vehicles previously set by the authorities. Currently, the price is capped at 3750 soms per cubic meter, which gas stations use as a benchmark for fuel sales. As of now, the Ministry of Energy has not issued any official statements regarding the extension of the current rate or the introduction of a new one. If no changes are made, gas station owners will be able to set any price for gas. As a result, this will likely lead to an increase in fuel costs for motorists.

The maximum gas price cap was introduced in October last year when it was set at 3250 soms. This measure aimed to stabilize prices and prevent market speculation.

With the expiration of this restriction, gas station owners are likely to take advantage of the situation and increase fuel prices, which could cause discontent among car owners. The worst part is that the absence of a price cap could lead to uncontrolled price hikes in winter, when gas supply disruptions at gas stations are frequent.

We hope that tomorrow the Ministry of Energy, as has often been the case before, will announce that the current maximum gas price has been extended for a few months or slightly increased. It’s possible that the responsible officials simply did not manage to inform the public in time.

The text has been translated by AI. For more accurate information, please refer to the Russian version of the article.

Leave a Reply

Your email address will not be published. Required fields are marked *