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Kazakhstan increases export tax duties on oil products

Oil&Gas Materials 13 September 2012 13:22 (UTC +04:00)

Kazakhstan, Astana, Sept. 13 / Trend D. Mukhtarov /

The Kazakh government has adopted a resolution whereby export tax duties on oil products are to be increased.

The resolution was signed by Kazakh Prime Minister Karim Massimov on September 7 and will take effect 10 days after its official publication.

According to the data, the customs duty rates on the export of light oil products hit $168.88 per ton and dark oil products - $112.59. Export tax duties on crude oil hit $40 per ton.

The following are the rates of export customs duties until the resolution enters into force: export crude oil - $40 per ton, light oil products - $164.97 per ton and dark oil products - $109.98.

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