Tuesday, April 12, 2011

Kazakhstan to continue petrochemical price regulation after lifting customs control with Russia

With effect from July 1, Kazakhstan will remove the customs posts with Russia, and theoretically the prices of petrochemicals should be the same in the Single Economic Space (SES). However, Kazakhstann will continue regulating retail prices of petrochemicals after lifting customs control on its borders with Russia, as per the country's Minister of Oil and Gas.

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