Azerbaijani Tariff Council discloses decision on gas prices – MENAFN.COM

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Gulf
  • Date: 01-Jul-2021
  • Source: MENAFN
  • Sector: Oil & Gas
  • Country: Gulf
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Azerbaijani Tariff Council discloses decision on gas prices – MENAFN.COM

The Azerbaijani Tariff Council held a meeting on June 30, 2021, Trend reports citing the Council on June 30. The appeal of the State Oil Company of Azerbaijan (SOCAR) was considered and a corresponding decision was made during the meeting. The decision envisages the following issues: - the tariff for natural gas which is supplied to the industrial and agricultural areas has not been changed and is kept at the level of 0. 20 qepik (0. 11 cents); - to prevent an increase in the price of electricity, the tariff for natural gas which is supplied to the power plants was increased by only 1 qepik - from 0. 12 qepik (0. 07 cents) to 0. 13 qepik (0. 08 cents); - the natural gas tariff for Azeristiliktechizat OJSC, an Azerbaijani heating supply operator, and boiler houses of residential buildings has been reduced from 0. 20 qepik (0. 11 cents) to 0. 13 qepik (0. 07 cents); - the gas tariff has been changed from 0. 20 qepik (0. 11 cents) to 0. 25 qepik (0. 14 cents) in other spheres; - taking into account the socially oriented policy pursued in the country and social protection of the low-income layers

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