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Prices for energy carriers in Azerbaijan won't be increased in 2006 Azeri Energy Minister

Oil&Gas Materials 15 September 2006 15:05 (UTC +04:00)

It is not intended to increase the prices for the energy carriers in Azerbaijan this year, the minister of industry and energy of Azerbaijan Natik Aliyev told Trend

We will consider this issue next year. The world market has a big impact on us. If we don't take this into consideration, then Azerbaijan, as a state, may incur many losses, Aliyev stressed.

If today the internal prices are very low, but in neighboring countries the prices are increased, it may lead to contraband from Azerbaijan. In result Azerbaijan will sustain huge losses, the minister underlined.

We should study the situation in the republic and abroad. Only after this, it is possible to make future decisions, Aliyev emphasized.

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