Azerbaijan, Baku, Nov 16 /Trend/
The tariff for the transit of oil from Kazakhstan through Russia may be increased by 7 percent from January 1, 2013, the Prime reported, referring to the draft order of the Federal Service for Tariffs (FST).
As stated in the explanatory memorandum to the draft order, the agreement on the organization, functioning and development of common markets of oil and oil products in Russia, Belarus and Kazakhstan signed on December 9, 2010 in the frame of the work on the formation of the Common Economic Space, provides the transition to the Russian rate for transit of Kazakh oil.
However, the agreement on common oil market has not entered into force yet due to the failure on the part of Kazakhstan to implement necessary domestic procedures. In this case, the setting of tariffs for the transportation of Kazakh oil transit indexed in line with inflation in 2012, which, according to Ministry of Economic Development of Russia will be 7%.
FST proposes to limit the validity of the proposed rates of tariffs of JSC Transneft for transportation of transit oil by the moment of entry into force of the agreement on common oil markets of the three countries.