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Petrol price rises in Tajikistan

Business Materials 29 November 2011 14:41 (UTC +04:00)
The price of lubricants has increased in Tajikistan over the last few days, Freedom radio reported
Petrol price rises in Tajikistan

The price of lubricants has increased in Tajikistan over the last few days, Freedom radio reported.

According to the Tajik Anti-Monopoly Service, AI 92 petrol costs 7 somoni 20 dirhams per litre, AI - 95 petrol increased in price to 7 somoni 50 dirhams. The price in some filling stations hit 7 somoni 60 dirhams per litre.

A source stressed that the rise in prices had been expected from November 1, but the process was suspended due to some reasons.

Tajikistan brings up to 500,000 tons of fuel annually to meet its own needs, 90 per cent of which come from the Russian Federation. The largest supplier of lubricants is Gazprom Neft-Tajikistan which has around 42 per cent of the market is under its control.

Tajikistan is looking for alternative ways to supply lubricants, looking towards Turkmenistan and Iran. However, Dushanbe's attempts to reduce its dependence on Russian energy supplies have not been successful.

The official exchange rate is 4.7584 TJS /USD.

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