KazMunaiGas to refuse oil tolling

In 2014, KazMunaiGas is very likely not to be engaged in oil tolling, chairman of the national company’s management Sauat Mynbaev stated at the press conference in Astana on Tuesday.

According to him, last year “some tolling was carried out by inertia”. But taking into account duty-free supplies of oil products from Russia the tolling becomes not so profitable, he said.

“We don’t plan to engage in the tolling in the current year,” - Sauat Mynbaev noted.

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