Kazakhstan increases oil export duties 16% - statement
14:05, 28 July 2011
ASTANA. July 28. KAZINFORM Kazakhstan has increased the rate of its customs duties on the export of oil products by 16.2%, but has not changed the duties on crude oil, the government said in a statement on Thursday. Kazinform refers to RIA Novosti.
According to the directive published by the government, customs duties for the export of light oil will be $114.05 per ton and oil products will be set at $76.03 per ton. Crude oil export duties will remain at the present $40 per ton.
Customs export duties presently stand at $98.13 per ton for light oil products and $65.42 per ton for oil products.
The new customs duties will come into effect after August 7. Kazinform cites RIA Novosti. See www.en.rian.ru