Middle East Economic Survey

VOL. LIII

No 29

19-Jul-2010

CASPIAN

Kazakhstan Reimposes Oil Export Duty, KMG EP Buys Producing Assets

Kazakhstans Finance Minister Bolat Zhamishev announced on 13 July that the government would reimpose, for the first time since January 2009, an oil export duty on crude oil and oil product exports. The export tax will be set at $20/ton for crude oil, $99.71/ ton for light oil products, and $66.47/ ton for dark oil products, Silk Road Intelligencer reported. Mr...