ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of August 26, 2026 No. 763

About modification of the order of the Government of the Republic of Kazakhstan of September 21, 2021 No. 647 "About approval of Rules (technique) of pricing on the exported crude oil and gas condensate"

The government of the Republic of Kazakhstan DECIDES:

1. Bring in the order of the Government of the Republic of Kazakhstan of September 21, 2021 No. 647 "About approval of Rules (technique) of pricing on the exported crude oil and gas condensate" the following changes:

in the Rules (technique) of pricing on the exported crude oil and gas condensate approved by the specified resolution:

9) of Item 3 to state the subitem in the following edition:

"9) official source of information - information source included in the list officially acknowledged sources of information on market prices approved by the order of the Deputy prime minister - the Minister of Finance of the Republic of Kazakhstan of July 12, 2023 No. 757 (it is registered in the register of state registration of regulatory legal acts at No. 33067) (further - the list);";

state Item 6 in the following edition:

"6. On delivery goods to the ports of the Black Sea along route of Atyrau - Samara transaction price (realization) is calculated by the following formula:

P = B + Skebco - D (+/-) To, where:

P - transaction price (realization) on goods;

B - average of the average quotations on goods for 1 (one) barrel applied in the corresponding market in accordance with the terms of the contract of purchase and sale of goods, published in official source of information, on each shipment taking into account the quoted period.

Quotations in this market are published in the following sources of information:

1) Platts: Brent (Dated);

2) Argus Media: North Sea Dated (NSD);

3) Refinitiv: dated BFOE (RIC <BFO-E>);

Skebco - spread, one or average several consecutive average quotations, published in official sources of information, during the period from the tenth to the twenty fifth day till first day of window of loading in accordance with the terms of the sales contract of load to the third party.

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