KazMunaiGas E&P warns of $800 Million Hit from Kazakhstan Oil Tax

09.04.2008
    KazMunaiGas Exploration & Production said it is expecting an $800 million hit from the new oil export tax introduced by the government of Kazakhstan.     The government has slapped an export duty of $109.91 per ton of crude oil, equivalent to $15 a barrel.     KazMunaiGas E&P, 61 pct-owned by Kazakhstan's state-owned KazMunaiGas, said...