ALMATY (AFX-ASIA) – Kazakhstan’s lower house of parliament has approved new oil export taxes likely to be seen as an extra squeeze on foreign investors considering new projects in the country, media in the ex-Soviet republic said. The legislation establishes a flexible export taxation system pegged to oil prices and is intended to “perfect the…
KAZAKHSTAN: Parliament approves new tax on oil investors
Posted on November 28, 2003 by EnergyAsia