(SRI) - The Kazakh Ministry of Energy and Mineral Resources suggests that the oil export duty should be revised more often, Interfax reported on Monday.
(SRI) - Karachaganak Petroleum Operating (KPO), a Western oil group developing the Karachaganak oil and gas condensate field in Kazakhstan, is disputing the new oil export duty in its application to KPO’s operations.
(SRI) - Kazakhstan will nearly double the export duty on crude oil to $203.8 per metric ton from $109.91 in October, according to a government decree published on Thursday.
(SRI) - Temporarily banning exports and increasing export duties on oil and petroleum products can reduce price for combustive-lubricating materials (CLM), said Sultan Ushbayev, the chairman of the Board of Directors of oil industrial group Nar Oil, according to Kazakhstan Today.
(Financial Times) - Kazakhstan is considering imposing an oil export tax on Chevron’s Tengiz field, broadening a campaign to milk more revenues from the petroleum industry.
(SRI) - Kazakhstan may increase crude export duties to stabilize the prices on the domestic market of oil products, said Kazakh Energy and Mineral Resources Minister Sauat Mynbayev, according to Interfax.
Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.
Chevron says Kazakhstan exempted venture from oil export duty
(Bloomberg) - Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.
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A consortium developing the huge Karachaganak gas field in Kazakhstan has become the first Western entity in the Central Asian nation to fall under a new oil export duty, a senior government official said on Monday.