Kazakhstan reduces oil export duty to $60 per tonne

13:48, 19.03.2015 1 min read

The Kazakh government lowered Kazakhstan's oil export duty to $60 per tonne from $80.

The government resolution setting the new export duty was published in official newspapers on Thursday and goes into effect immediately.

In March 2014, the government raised the oil export duty to $80 from $60 per tonne.