KazMunaigas Exploration Production (KMG EP) is set to appeal a tax claim by Kazakhstan tax authority.
The tax authority has charged an additional penalty for alleged late payment and a fine relating to the period between 2009 and 2012.
KMG EP made a tax provision of Tenge16.7bn in the financial statements for the period ended 30 June 2015 mostly related to tax audit of the cCompany for the period between 2009 and 2012.