KazTransOil company’s oil export rates will go up from April 1, 2014, reads the company’s press release.
“The Kazakhstan Agency for Regulation of Natural Monopolies has approved the rates for oil export via the pipelines of KazTransOil at 5,817.2 tenge per 1000 tons/km without value added tax (VAT), which will become effective from April 1, 2014,” the company reported.
The previous rate for oil export was 4,850.6 tenge per 1000 tons/km without VAT.
“The tariffs for oil pumping to the local market remained unchanged – 2,931.8 tenge per 1000 tons/km without VAT,” the company reported.
By March 26, 2014 official exchange rate was 182.02 tenge per 1.00 USD.