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Kazakhstan to cut oil export duty to $139.79 from $203,8 per ton

Astana, December 22 2008

Kazakhstan will reduce the oil export duty to $139.79 from $203.8 per ton in line with a document amending decree No. 1036 issued by the Kazakh government on October 15, 2005.

The document was published in the official media on Saturday and will take effect in 30 days.

It was reported earlier that Kazakhstan had increased the oil export duty to $203.8 from $109.91 per ton on October 11, 2008.

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