Kazakhstan plans flat oil export duty until 2014.

By bne IntelliNews May 23, 2011
Kazakhstan, Central Asia's largest oil producer, is going to keep its crude export duty at the level of USD 40 per tonne until 2014. The Kazakh economy minister, Kairat Kelimbetov, in the interview promised a stable export regime for producers and stated that the government is not discussing a revision of the oil duty at the moment. Kazakhstan, which holds about 3% of the world's recoverable oil reserves, reintroduced a duty on crude exports in 2010 of USD 20 per tonne. The government doubled the duty to USD 40 in January 2011.

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