Kazakhstan Mulls $20/Tonne Oil Export Duty

Source: Reuters 6/22/2010, Location: Asia

Kazakhstan is considering the introduction of a $20 per tonne export duty on crude oil, Finance Minister Bolat Zhamishev said.

"This would be a fixed rate," he told reporters.

Kazakhstan set its crude oil export duty to zero in January 2009 as global oil prices plunged.


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