Oil export customs duties at $109.91 per ton introduced in Kazakhstan

/INTERFAX-KAZAKHSTAN, Astana, May 17, 08/ - May 17 customs duties for export of oil at a rate of $109.91 for ton was introduced in Kazakhstan. Corresponding government regulation No. 1036, dated April 8, 2008 "On amends and additions in government regulation of Kazakhstan republic, dated October 15, 2005" came into effect on Saturday. According to this regulation, the rate of custom duty for crude oil export was determined at the amount of $109.91 per ton and $27.43 per ton for payers of the rent tax on exported crude oil and gas condensate. Meanwhile, the rate of the customs duties for export of heavy distillate (liquid fuel), coke and bitumen is established now at a rate of $82.2 per ton. However, the rates of customs duty on exported crude oil from Kazakhstan are not imposed during export of crude oil by subsoil users, extracted by them according to contracts for subsoil usage, provided with release from payments of mentioned customs, is indicated in the document. In attachment to this regulation there are formulas for calculating of the rate of custom duty on export of crude oil with its average market price, composed for the period of prices monitoring, more than $138.6 per ton. Thus, at the average market price from $138.6 to $438 (inclusive) per ton, the rate on custom duty will make 5 % from the variation in prices between the world price and $138.6. At the average market price from $438 to $547.5 (inclusive) the rate will make $14.97 is plus 22.83 % from the variation in prices between the world price and $438.; at the price from $547.5 to $657 (inclusive) - $39.97 is plus 38.21 % from the variation in prices between the world price and $547.5; at the price from $657 to $766.5 (inclusive) - $81.81 is plus 48.48 % from the variation in prices between the world price and $657; at the price from $766.5 to $876 (inclusive) - $134.9 is plus 55.82% from the variation in prices between the world price and $766.5; at the more than $876 the rate will make $196.03 is plus 61.34 % from the variation in prices between the world price and $876. There are 38 subsoil users to be imposed by custom duty on oil export: Exploration Production KazMunaiGas, Kazakhturkmunay, Kazakhoil Aktobe, PetroKazakhstanKumkol Recourses (except contracts No. 49, dated December 10, 1996, No. 214, dated August 24, 1998), Turgay Petroleum, oli company KOR, CNPC Aydan Munay, Sautes Oil, Zhaikmunay, Fial, Tasbulat Oil Corporation (except contracts No. 169, dated January 28, 1998), Hazar Munay, KaraKudukMunay, ZhalgiztobeMunay, Emir Oil, phystech company, Lancaster Petroleum, Caspiy Oil ТМЕ, Sagis Petroleum Company, Aral Petroleum Int.B.V., Kazneftechim Kopa, Sazankurak, Alties Petroleum Int.B.V (exept contracts No. 535, dated September 14, 2000), AtyrauMunay, Svetland Oil, Arnaoil, Gural,, Caspiy Oil, Precaspian Petroleum Company, Aday Petroleum company, NBK, Tobearal-Oil, Matin, Potential Oil, Ekogeoneftegas, Embavedoil, Samek International, Kozhan. [2008-05-19]