CASPIAN

 

Kazakh Supply Deal With Russia To Stabilize Flow To Pavlodar Refinery

Russia’s Deputy Finance Minister Sergei Shatalov told Kazakhstan-Interfax last week that an agreement was reached between Moscow and Astana on the harmonization of national export tax policies. Following the abolition of VAT charges on hydrocarbon sales under a customs union between Russia, Kazakhstan and Belarus, Mr Shatalov said Russia had lost around $780mn since the...