June 18 (Bloomberg) -- Kazakhstan exempted international oil companies such as Chevron Corp. acting under current so-called production-sharing agreements from taxes on output that come into force next year.

A sliding scale on crude output will start on Jan.1, the government said today in a presentation released at a conference on taxation in the capital, Astana.

Kazakhstan, the holder of 3.3 percent of the world's proven oil reserves, is seeking a greater share of profit from record crude prices by introducing taxes on both output and exports. Deputy Finance Minister Daulet Ergozhin said last year that the new output duty from 2009 should be linked to global oil prices and cover all ``sub-soil users.''

To contact the reporter on this story: Nariman Gizitdinov in Almaty, through the Moscow newsroom at ngizitdinov@bloomberg.net

Last Updated: June 18, 2008 01:25 EDT