Kazakhstan's oil export duty rises again



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Report summary

On 2 April 2013 the Kazakh Government announced a 50% increase to its Export Customs Duty rate for crude oil from US$40/tonne (US$5.44/bbl) to US$60/tonne (US$8.16/bbl). It was last increased in 2011 and there was an expectation that it could rise again. However this week's announcement has been a surprise.

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    Kazakhstan's oil export duty rises again

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