Kazakhstan raises fuel excise coefficient to 95% from September 1

September 17, 2026 at 08:36 PM2 min

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Kazakhstan increased the variable excise coefficient on gasoline and diesel to 95% from 50% when wholesale prices exceed set thresholds. The change, approved by government decree No. 816 on September 11, 2026, applies retroactively from September 1, 2026. Industry participants warn of deteriorating refining economics and fuel supply to the domestic market.

Key Facts

The variable excise coefficient on gasoline and diesel rose from 50% to 95% when wholesale prices exceed set thresholds.
Government decree No. 816 was signed on September 11, 2026, and takes effect September 22, 2026, with retroactive application from September 1, 2026.
The gasoline price threshold is 214,584 tenge per tonne; the diesel threshold is 284,350 tenge per tonne.
Base excise components remain unchanged: 38,134 tenge per tonne for wholesale gasoline and 35,726 tenge per tonne for wholesale diesel.
Industry representatives warn the higher tax burden may affect investment, geological exploration, and production development.

Excise Formula Change

The coefficient applied to the excess over price thresholds in the variable excise formula increased from 50% to 95%. The change was approved by government decree No. 816 dated September 11, 2026. The document enters into force on September 22, 2026, but its effect extends to legal relations arising from September 1, 2026. This means September excise obligations must already be calculated using the new formula.

Price Thresholds and Base Rates

For gasoline, the elevated formula applies when the price exceeds 214,584 tenge per tonne. The base component for wholesale operations is 38,134 tenge per tonne, and the excess coefficient is now 95%. For retail sales by producers and own production use, the base component is 38,634 tenge per tonne with the same 95% coefficient. For diesel fuel, the elevated formula applies above 284,350 tenge per tonne, with base components of 35,726 tenge for wholesale and 35,786 tenge for retail/own use.

Industry Impact

Industry participants warn of worsening refining economics and fuel supply to the domestic market. Experts note the change does not mean an automatic doubling of retail fuel prices. However, the increased tax burden may raise supplier costs and later affect fuel prices for motorists. Oil industry representatives also warn the additional burden may affect investment, geological exploration, and production development.