Azerbaijan ups oil transportation tariffs (UPDATE)
Details added (the first version was posted at 10:59)
Azerbaijan, Baku, Jan.11 / Trend N.Ismayilova, I.Khalilova /
The Tariff Council of Azerbaijan increased cost of oil transportation via oil pipelines up to 6 manat per ton (except export), the Council said.
Earlier tariff amounted to 2.6 manat.
A new tariff, adopted based on the appeal of the State Oil Company of Azerbaijan (SOCAR), came into force from Jan.1, 2012.
The tariff increase is needed because the costs and investments in the pipeline system need to be aligned with these tariffs, in connection with the Baku-Novorossiisk oil pipeline transfer to the SOCAR office.
Rise in prices of gasoline and diesel fuel prices in connection with tariff increase for oil transportation is not expected, the Tariff Council told Trend on Wednesday.
"SOCAR has not appealed to the Tariff Council to change tariffs of gasoline and diesel fuel," the Council said
The official exchange rate is 0.7863 manat to $1 on Jan.11.