The Federation Council has ratified the protocol on the renewal of the agreement between the governments of Russia and Kazakhstan on the supply of oil and petroleum products. The document was signed on November 27, 2024 in Astana.
The agreement is renewable from January 1, 2024 and is valid until January 1, 2028, with the possibility of automatic renewal for five years.
The main conditions are exemption from customs duties on petroleum products from Russia to Kazakhstan and cancellation of temporary customs declaration (except for pipeline transport).