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Prices in number of industries changed in Azerbaijan

Society Materials 30 June 2024 20:08 (UTC +04:00)
Tahmaz Asadov
Tahmaz Asadov
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BAKU, Azerbaijan, June 30. The price of RON92 gasoline has changed in Azerbaijan, Trend reports.

The price of 1 liter of RON92 gasoline has increased to 1.10 manat, the price of diesel rose from 0.80 manat to 1 manat.

A liter of RON92 gasoline in Azerbaijan previously cost 1 manat.

“There are increasingly frequent calls from relevant international organizations and the public to protect the environment, reduce emissions from transport and promote cleaner modes of transport. In order to bring fuel quality to high standards and improve the environmental environment, work is being carried out in Azerbaijan to reconstruct and modernize the oil refining industry, investment costs in this area are increasing. The rising cost of diesel fuel and RON92 gasoline, produced in our country in full compliance with the EURO-5 standard, necessitates an increase in prices for these products.

In this regard, based on a request from the State Oil Company of the Azerbaijan Republic (SOCAR), at the next meeting of the Tariff (Price) Council held on June 29, the price of gasoline and diesel fuel RON92 was adjusted.

The retail price of RON92 gasoline was increased by 0.10 manat to 1.10 manat per liter, the retail price of diesel fuel was increased by 0.20 manat to 1 manat per liter,” the Tariff Council said in a statement.

As noted, given the higher environmental damage from the use of diesel fuel, the price difference between gasoline and diesel fuel has been reduced in order to shift to higher consumption of gasoline.

“Changes in prices will accelerate the transition to fuel-efficient hybrid, electric and compressed natural gas (CNG) vehicles, while ensuring sustainable energy security,” the Tariff Council said.

It is emphasized that even after the tariff changes, retail prices for RON92 gasoline and diesel fuel are not high compared to most countries.

“In most countries, RON92 gasoline is no longer produced or sold, and the price of diesel fuel is increasing in order to reduce its consumption due to greater harm to the environment. The European Union is taking measures to stop the production and registration of new cars with gasoline or diesel engines (with the exception of cars running on carbon-neutral synthetic fuel (e-fuel). The transport structure in Azerbaijan, focused on sustainable development, is adapting to this direction,” the Tariff Council said.

Tariffs for solid waste management were also discussed.

“Reconstruction of the solid waste management system is of great importance for protecting the environment and ecological balance, improving public services in the country. In our country, subsidies are allocated from the state budget for the collection, transportation and disposal of solid household waste, since fees in this area are not cover the costs associated with the service. Also, the low level of tariffs reduces the interest of the private sector in this area. In this regard, new tariffs were approved taking into account the level of technical equipment and services for the collection, transportation and disposal of solid waste to provide better services,” the Tariff Council said.

As noted, the following tariffs are established for the collection and removal of solid household waste:

Around the city of Baku:

- For a group of the population – 1 manat per person per month (including VAT).

- For commercial consumers - 15 manats per 1 cubic meter or 68.30 manats per 1 ton (including VAT).

- For institutions or companies handing over municipal solid waste for disposal: 3.60 manats per 1 cubic meter or 16.40 manats per 1 ton.

For other regions:

- For a group of the population – 0.70 manat per person per month (including VAT).

- For commercial consumers - 12 manats per 1 cubic meter or 54.60 manats per 1 ton (including VAT).

- For institutions or companies handing over municipal solid waste for disposal: 2.50 manats per 1 cubic meter or 11.50 manats per 1 ton.

“Currently, the cost of the service for the collection, transportation and disposal of solid household waste is 25 manats per cubic meter and 114 manats per ton, including VAT. Until now, over the past 13 years since the last tariff adjustment, vehicles for collection and transportation of waste, and containers for storing and sorting waste have been installed in cities and towns. Note that tariffs for consumer groups are 9 manats/cubic meter in Russia, 2 manats/person/month in Kazakhstan, 1.6 manats/person/month in Georgia. and 7-8.3 manats/person/month in Belarus,” the Tariff Council said.

It is emphasized that the new tariff regulation will contribute to the sustainable and high-quality provision of services, reduce dependence on the state budget, stimulate the organization of subscriber registration and collection of fees for services, and will also encourage private sector interest in this area.

The upper price limit for 115 new state-registered drugs was approved. In order to ensure reliability of supplies, changes were made to the upper price limit for 62 medicines in accordance with the Regulations approved by the Resolution of the Cabinet of Ministers of June 3, 2015 No. 209, and the Instructions approved by the Resolution of the Cabinet of Ministers of the Tariff (Price) Council of July 21, 2015.

A complete list of drugs, the prices of which are approved taking into account the trade name, pharmaceutical form, name of the active substance, dosage, commercial packaging, quantity, country of origin, can be found at the link.

The decisions come into force on July 1, 2024.

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