Russian neighbor hikes oil transit levy ...News

Russia Today - Economy
Russian neighbor hikes oil transit levy
source : Russia Today ( News ) () 31
The measure approved by Kazakhstan’s authorities early last month came into force on January 1 Kazakhstan has raised the tariff on the transit of Russian oil by some 20% from January 1, according to an announcement on the official website of the country’s pipeline operator KazTransOil. The measure covers crude transported along the 186km Kazakhstan section of the Tuymazy-Omsk-Novosibirsk-2 (TON-2) pipeline. The levy was raised to $11.3 per ton per 1,000km, up from $9.3, which had been in force since 2018. Given the length of the pipeline section running through Kazakhstan, the cost of pumping oil for transit throu

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