Kazakhstan, Astana, Oct. 4 /Trend, D. Mukhtarov/
The maximum retail prices of petrol in Kazakhstan will increase in November from 110 to 117 tenges ($1 - 153 tenge) per liter, Deputy Chairman of the Agency for Regulation of Natural Monopolies (NARM) Amanzhol Alpysbayev said on Friday at a briefing in Astana.
"Due to changes in the values of quotations for Brent oil from $109 per barrel in August to $113.68 per barrel in September, today it was decided to change prices only for AI-92/93 gasoline from 110 to 117 tenges per liter including VAT, taking into account the 40 percent dependence of Kazakh market of this petrol brand on supplies from the Russian Federation. A joint order will be signed next week, till October 12," he said.
In addition, Alpysbayev said that the increase in tariffs for railway transportation of oil products on domestic routes in January 2013 was another reason for increasing AI-92/93 brand petrol prices.
This is due to a phased tariff unification, conducted on types of communications in line with the WTO requirements and the Agreement on Regulation of Access to Services of the Rail Transport, developed as a part of the Customs Union of Belarus, Kazakhstan and Russia and the Common Economic Space.
"It should be noted that the price of AI-92/93 has not changed since October of last year. The prices for AI-80 petrol and diesel fuel remained unchanged at the current level - at 89 and 102 tenge per liter respectively, due to sufficient domestic production, according to the Oil and Gas Ministry's statistics," Alpysbayev said.
Do you have any feedback? Contact our journalist at firstname.lastname@example.org
Follow us on Twitter @TRENDNewsAgency