Uzbekistan increases tax on gasoline consumption

Uzbekistan increases tax on gasoline consumption

Tashkent, Uzbekistan, Jan. 2
By Demir Azizov - Trend:

Starting from Jan. 1, 2014, Uzbekistan increased the tax rates for consumption of gasoline and diesel fuel for motor vehicles by 25 soums, up to 265 soums per litre of fuel which previously stood at 240 soums.

The new rates were approved by the Uzbek president's decree 'On the forecast of key macroeconomic indicators and parameters of Uzbekistan's state budget for 2014'.

The tax rate on consumption of liquefied and compressed natural gas for motor vehicles rose respectively to 180 soums from 165 soums per litre and to 220 soums from 200 soums per cubic meter, according to the document.

The rates approved by the decree, are uniform throughout the country. In 2013, the tax rate on fuel consumption was increased by 40 soums.

Today the official price of one litre of AI-80 gasoline stands at 1670 soums (previously - 1645 soums), AI-91 gasoline's price stands at 1835 soums (1810 soums) and AI-95 gasoline costs 2020 soums (previously - 1995 soums).

In recent years Uzbekistan has been facing problems related to utilisation of refinery capacities due to a decrease in liquid hydrocarbons production and in line with this, Uzbekistan and especially the country's regions, are experiencing a significant shortage of fuel for motor vehicles.

In 2012, Uzbekistan reduced production of liquid hydrocarbons by 11.6 percent to 3.165 million tons as compared to 2011. The country also reduced oil production by 17.4 percent to 1.561 million tons, as well as gas condensate production by 5.6 percent, to 1.604 million tons. Natural gas production decreased 0.2 percent to 62.911 billion cubic meters.

In 2012 gasoline production in Uzbekistan decreased by 6.3 percent to 1226 million tons, kerosene production fell by 8.1 percent to 304,500 tons and diesel fuel production decreased by 2.9 percent to 1.021 million tons. Production of fuel oil also fell by 8.2 percent to 255,200 tons and oil bitumen production decreased by 8.1 percent to 151,300 tons.

Production of liquefied hydrocarbon gases increased by 5.9 percent to 273,600 tons.

Last summer the Uzbek government allowed UzGazOil LLC to refine the imported crude oil at the country's oil refinery on a give-and-take basis and to sell a part of the obtained products, that is oil and diesel fuel on the domestic market 'at commercial prices' exceeding the official prices by 1.5-2 times.

At present UzGazOil LLC has a network of 89 gas stations including 22 gas stations in Tashkent oblast and 33 in the city of Tashkent.

Official rate on Jan. 2 is 2202.20 soums/$1.

Translated by E.A.
Edited by S.M.

Subscribe to Trend in Google News! Subscribe
Iran, Tajikistan to increase trade ties
Iran, Tajikistan to increase trade ties
MFA's of Kazakhstan, Tajikistan hold political consultations
MFA's of Kazakhstan, Tajikistan hold political consultations
Iran, Tajikistan sign several bilateral cooperation documents
Iran, Tajikistan sign several bilateral cooperation documents
Loading Bars
France rebukes Australia, U.S. for lying, contempt over submarine deal
Main goal of Armenian lobby is to create confrontation between Azerbaijan and Russia - Russian expert
Turkey reports 26,398 daily COVID-19 cases
Australia defends scrapping of French submarine deal, Macron and Biden to talk
Cost of mobile internet in Georgia decreases
Raisi orders ministries to identify coop. areas with SCO
Uzbek textile industry has potential to become decisive hub between East, West
French company to reconstruct buildings in Turkmenistan's Ashgabat
UK records another 29,612 coronavirus cases
Iran's Energy Exchange announces products to be on sale September 20
Qatar flight with Afghans, Americans, Europeans leaves Kabul, official says
Iran's CBI shares amount of currency sold at NIMA exchange rate
Iranian FM to meet with foreign ministers of 4 + 1 group
Israel reports 7,445 new COVID-19 cases
Iran boosts mobile phone imports
Kazakh Minister, reps of Kazakh cultural centers of Uzbekistan meet
Israeli researchers 3D-print blood vessel networks for implantation
Number of flights from Iran's Mehrabad International Airport up
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,734 more COVID-19 cases, 3,378 recoveries
Israel, Egypt FMs agree to boost bilateral ties
Capital of Iran's Bouali Sina Petrochemical Company grows
Iran's Energy Exchange announces products to be on sale September 19
Georgia sees decline in revenues from beer exports
Macron to hold call with U.S. President Biden - French government spokesman
Iran resumes activities of industrial enterprises in Markazi Province
Coronavirus cases in Russia rise by 20,174
Armenian PM asked Turkish President for a secret meeting
Kazakhstan increases exports to Poland amid COVID-19
Iran launches industrial enterprises in Yazd Province
Iran reveals COVID-19 data for September 19
Opening of Zangezur corridor to positively contribute to difficulties in Azerbaijani-Armenian relations - Turkish President
Buy/sell operations at Iran Mercantile Exchange soar
State Duma elections held at Russian Embassy in Baku (PHOTO)
British government confident of gas supply, minister Sharma says
Carmakers dominate Turkey's top exporters list
Australia says it was 'upfront' with France over submarine deal as crisis continues
Territorial integrity of neighboring countries - more important for Iran – Iran’s MFA
Georgia reports 1,501 coronavirus cases
Iran shares data on cargo transportation in Lorestan Province
Azerbaijani Finance Ministry to auction long-term state bonds
Ministry of Defense of Azerbaijan prepares weekly review of activities (VIDEO)
50 million volunteers in 180 countries take part in World Cleanup Day
World leaders return to U.N. with focus on pandemic, climate
Indonesian militant leader killed in shootout, police say
Georgia's external debt increases
Turkish state energy exchange company to operate in Uzbekistan
2,781 more COVID-19 cases recorded in Kazakhstan in past 24 hr
US steps up plan to expel Haitian migrants from Texas border city
Israel captures last two prisoners who escaped from Gilboa prison
SpaceX capsule with world's first all-civilian orbital crew splashes down off Florida
Indian gov't asks states to analyze COVID-19 situation, strengthen health infrastructure
Abu Dhabi to remove COVID-19 testing requirement at border starting Sep. 19
Facebook says WSJ allegations are 'mischaracterizations,' confer 'false motives'
Statement made by Russian Defense Ministry regrettable - Azerbaijani Defense Ministry
EU eyes to expand project on creating 'green technologies' in Azerbaijan
Islamic State claims responsibility for attack on Syrian gas pipeline
Geostat shares data on nominal GDP in Georgia
Security Council voices concern over political strife in Somalia
Italy reports 51 coronavirus deaths on Saturday, 4,578 new cases
Iran’s Bahar Azadi gold coin price slightly falling
Another visit of Shusha residents to their hometown organized
Three killed in blasts in Afghan city of Jalalabad
Meeting of Azerbaijani and Russian military seamen held in Baku (PHOTO)
Ukraine intends to purchase textile products from Uzbekistan
Georgia's bean imports decrease
Kazakhstan-Croatia trade down y-o-y
Group of Azerbaijani pilots returns home after partaking in Turkey-held military exercises
Azerbaijan records slight decline in volume of cargo shipments via local ports in 8M2021
Iran's Subsidies Targeting Organization makes payments in agriculture sector
Representatives of Azerbaijani Air Force to take part in Teknofest-2021 festival
Argentina’s President Alberto Fernandez reshuffles cabinet after political crisis
Iran to increase area of olive gardens
OIC Ombudsmen Association sums up results of fact-finding mission to Azerbaijani Karabakh (PHOTO)
Azerbaijan's Shusha holding concert within Int'l Music Festival of famous composer Uzeyir Hajibayli (PHOTO)
Azerbaijani First VP Mehriban Aliyeva shares post related to National Music Day on Instagram (PHOTO)
Azerbaijani mortar units continue intensive combat trainings (VIDEO)
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 2,042 more COVID-19 cases, 3,224 recoveries
Azerbaijan and Georgia remain not only neighbors, but strategic partners - PM
Armenian military expert confirms use of Iskander missiles by Armenia against Azerbaijan
Uzbekistan Airways Technics opens tender for provision of services for sale of materials
Azerbaijan to promote famous composer Uzeyir Hajibayli's heritage worldwide - minister
Number of transactions on Uzbek stock exchange increases
Russian Navy's Caspian Fleet arrive in Baku port
Iran reveals COVID-19 data for September 18
Weekly review of Azerbaijani precious metals market
Uzbekistan reveals number of vaccinated citizens as of September 18
Iran, Tajikistan to increase trade ties
Turkmenistan considers resuming gas supply to Iran
Azerbaijan's Azermash launches new production line for vehicles
Volume of essential products imported to Iran through ports up
Kazakhstan boosts trade with Romania despite global pandemic
U.S. NTSB to probe fatal Tesla crash in Florida
Uzbekistan's private airline performs first flight to UAE
Azerbaijan and Iran hold discussions in connection with Gorus-Gafan road
Kazakh oil company to purchase pipes through tender
Georgia shares data on COVID-19 cases for September 18
MFA's of Kazakhstan, Tajikistan hold political consultations
Renowned Azerbaijani cultural figures arrive in Shusha
All news