This issue will be considered no later than March 2015 to maintain the level of oil production.
RK Energy Ministry intends to optimize the system of oil companies’ taxation, the head of the ministry Vladimir Shkolnik told the enlarged Government meeting, Kazpravda.kz correspondent reports.
According to the minister, it will ensure the previous level of oil production and fulfillment of the companies’ social obligations.
"At present, together with the economic bloc of the government, financial standing of the major extracting companies is analyzed, and by the end of March steps will be taken to optimize the taxation and reduce the current investment costs in order to maintain the level of production and to ensure that social obligations are met by these companies," - the Minister said.
Corrections of the natural resources users’ programs are not ruled out. Construction of the fourth refinery is under solution.
Works on Kashagan field are to be resumed in 2016 H2, the minister said.
Oil exports made 62 million tons, including 35 million tons in the KPC main export scheme. The targeted figure is 67 million tons, the Energy minister said.
Author: Xenia Voronina
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