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Kazakhstan revises export tariffs on certain oil products

Economy Materials 13 February 2025 17:19 (UTC +04:00)
Kazakhstan revises export tariffs on certain oil products
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, February 13. Kazakhstan has introduced an export duty of $60 per ton on biodiesel and bitumen, Trend reports.

By order of the Minister of Trade and Integration of the Republic of Kazakhstan, dated February 7, 2025, No. 47-NQ, export customs duties on petroleum products have been set at $60 per ton.

This order amends the order of the Minister of National Economy of the Republic of Kazakhstan, dated February 17, 2016, No. 81 "On the approval of the List of goods subject to export customs duties, the rate of tariffs, and the duration of their validity, as well as the rules for calculating the rates of export customs duties on crude oil and petroleum products," which provides for the establishment of export duties on petroleum products at $60 per ton for: acyclic hydrocarbons, cyclic hydrocarbons, petroleum jelly, bitumen; lubricating materials; additives; solvents, biodiesel.

The order was posted on the website of the Standard Control Bank of Legal Acts of Kazakhstan on February 11, 2025, and will enter into force 10 days after publication (from February 22).

To note, the purpose of introducing export duties is to saturate the domestic market by restricting the export of these petroleum products and to replenish the budget.

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