News 2016
ECD
Export customs duty (ECD) for crude oil in Kazakhstan has been reduced to $40 per ton, KazTAG reported, with reference to the Minister of National Economy Erbolat Dosaev. “I have signed a corresponding decree.
KTO
Dimash Dosanov is appointed the First Deputy General Director of JSC “KazTransOil”, an informed source in Astana reported. “Dimash Dosanov is moving to Astana. He was appointed the First Deputy General Director of JSC "KazTransOil", this decision was taken by the Board of Directors of the company.
KMG
“Kokel Munay” has received 50% of the subsoil use right at the Bekturly Vostochniy site in Kazakhstan’s Mangystau region, said in the statement of “KazMunayGas” company, published on the website of Kazakhstan Stock Exchange (KASE).
Benefits
In Kazakhstan there are 6 low-margin oil and gas fields, which are developed by five companies with Chinese participation. The decree of the government of the Republic of Kazakhstan dated December 30, 2015 “On amendments to the decree of the government of the Republic of Kazakhstan dated June 13, 2014 no. 651 “On approval of the list of fields (groups of fields, parts of a field) with solid commercial minerals, except for commonly used, classified as low-margin”, and dated June 18, 2014 no. 673 “On approval of the list of fields (groups of fields, parts of a field) with hydrocarbon crude, classified as low-margin, high-viscosity, inundated, marginal and worked out” is published in official mass media.