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RAO EES to increase energy price for all foreign partners

Politics Materials 7 December 2005 17:17 (UTC +04:00)
RAO EES to increase energy price for all foreign partners

In 2006 the Russian Federal Tariff Service (FTS) will increase value of energy export for all foreign partners, including, for the Azerenerji JSC, a representative of RAO EES told Trend.

“FTS has not determine the tariff on energy export that do not allow us to name the level of increase for Azerbaijan, but we can say that the rise in energy value will be applied in regard to all foreign partners,” he stressed.

Azernerji pays 2.99 cents per 1KW/hour energy from Russia. RAO EES is supposed to increase the figure up to 3.99 cents from 1 January 2006, in accordance with some estimation. The term of the contract of Azerenerji with RAO EES will be up on 31 December.

The source said that the sides did not determine the date of the meeting to prolong the term of the contract, but it will be held certainly.

Azerenerji addressed to the Cabinet of Ministers in relation to the intention of RAO EES to increase the energy export price and asked the government to propose expedient versions on solution of the issue. Azerbaijan purchases about 75m KW/hour energy from Russia per month.

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