Azerbaijan sets single rate for exported oil examination
Azerbaijan, Baku, April 29 / Trend, E. Ismayilov /
According to a decision of the Azerbaijani Tariff (Price) Council, a new tariff for examining the country of origin of exported oil will be put into effect on May 1, 2013, the Tariff Council said today.
"The cost of the examination will not depend on the volume of production," the council said. "It will be conducted at a stable price from May 1 to obtain the certificate."
The expenses for one examination will hit 2,300 manat regardless of the exported oil volume.
According to the current rate based on the Tariff Council's decision as of November 24, 2011 "On regulation of tariffs for services rendered by the Consumer Goods Examination Bureau under the State Service for Antimonopoly Policy and Consumer Protection, the Azerbaijani Economic Development Ministry", the fee for the examination of one ton of oil is 0.04 manat.
The tariffs for examination of other energy sources remained unchanged: the fee for the examination of one ton of oil products is 0.10 manat, per one million of cubic meters of natural gas - 280 manat, per one million kilowatt / hours of electricity - 225 manat.
The official exchange rate is 0.7846 AZN/USD on April 29.