Kazakhstan Links Oil Export Duties to Global Prices

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ASTANA - The government of Kazakhstan has approved a new procedure for calculating export customs duties on oil, petroleum products, and a number of strategic commodities. A key innovation will be linking the rates to global oil prices, Inbusiness.kz reports.

According to the approved rules, if the price of oil falls below $25 per barrel, the export duty will be zero. A basic calculation formula will apply between $25 and $105 per barrel, and above $105, a progressive scale will apply. Thus, at a price of $105–$115 per barrel, the rate will be $115 per ton, and at prices above $185, the state will levy $236 per ton of oil exported.

Duties will be calculated based on average global prices for the period from the 20th of the month before last to the 20th of the previous month. Customs authorities are responsible for publishing current rates, updating the data monthly by the 28th.

At the same time, existing benefits for deliveries to the EAEU and CIS countries under free trade agreements will remain in effect. Projects implemented under production sharing agreements concluded before January 1, 2009, will also continue to receive duty exemptions.

Special conditions have been established for offshore fields in the Caspian Sea. From 2027 to 2031, export duties will not apply if the oil price is below $95 per barrel. Furthermore, tax holidays of up to 10 years for onshore fields and up to 20 years for offshore fields will be maintained for new complex projects.

At the same time, authorities have revised export duties on a number of raw materials. For sunflower seeds, the rate has been set at 20%, but not less than €100 per ton. A duty of 10%, but no less than €84 per ton, will be imposed on copper scrap and waste, and 10%, but no less than €76, on aluminum scrap. For ferrous scrap metal, as well as used railway axles and wheels, the rate will be 5%, but no less than €5 per ton.

The preferential regime for livestock products will remain in effect until May 31, 2028. During this period, the export of raw cattle hides, sheepskins, and wool will remain duty-free. From June 2028, a duty of €200 per ton will be imposed on hides, and 10%, but no less than €50 per ton, on wool.

CentralasianLIGHT.org

June 2, 2026