Petroleum Products Procurement

The list of exchange goods, approved by order of the Minister of National Economy of the Republic of Kazakhstan dated February 26, 2015 No. 142, includes the group of goods “petroleum products” from March 1, 2021. Accordingly, government agencies and entities of the quasi-public sector (also included in the structure of the Samruk-Kazyna Fund) have the right to make purchases using the “through commodity exchanges” method.
Caspy Commodity Exchange JSC organizes exchange trading in accordance with the legislation of the Republic of Kazakhstan on exchange activities and the recommendations of the antimonopoly authority of the Republic of Kazakhstan

Requirements for participants:

Sellers – suppliers of petroleum products (including retail distributors) in accordance with the legislation on the circulation of petroleum products, having the corresponding goods and the necessary permits.

Buyers – government agencies of the Republic of Kazakhstan, quasi-state enterprises and national companies and their subsidiaries and dependent organizations that purchase petroleum products to cover their needs in the course of their activities.

Collateral – 1% of the proposed transaction amount should be deposited into the account of the clearing center. The funds are repayable after the fulfillment of obligations under the transaction.

Trading session time – Double auction, from 09.00 to 16.00 (GMT +5)

Pricing – within the funds allocated in the procurement plan

To participate in bidding for the purchase of petroleum products, the Buyer must sign an agreement with a broker accredited at the Caspy Commodity Exchange, as well as signing an agreement for clearing services with Kazenergy Consult LLP.

A list of accredited brokers is presented here.

We also invite interested parties to familiarize themselves with the scheme of interaction between procurement participants for government agencies, and with the order

about. Minister of Trade and Integration of the Republic of Kazakhstan dated December 28, 2020 No. 312-NK

Contacts: Khvorov Pavel – +7 702 479 0337