Tethys Petroleum says Kazakhstan gasoline/diesel excise coefficient rose
Tethys Petroleum Limited says Kazakhstan raised the excise coefficient on gasoline and diesel to 95% from 50%, retroactive to Sept. 1, 2026, expecting lower downstream margins and cash generation.
Tethys Petroleum Limited said Kazakhstan raised the excise coefficient on gasoline and diesel to 95% from 50%, retroactive to Sept. 1, 2026. The company said it expects the change to reduce downstream margins and cash generation.