Petrol price increases in Kazakhstan
Kazakhstan, Astana, Oct. 25 / Trend D. Mukhtarov /
The cost of a litre of AI- 92 petrol has been increased up to 115 tenge (153.72 tenge = $1) in Kazakhstan since October 25, the Kazakh Agency for Regulation of Natural Monopolies reported on Friday.
'The marginal prices on retail sales of petroleum products with the state regulation of prices are as follows: diesel fuel - 102 tenge per litre, AI 80 - 89 tenge per litre and AI 92 - 115 tenge per litre including VAT', the statement said.
According to the press service, the rise in petrol price in Kazakhstan is due to several factors. The increase in the marginal price on A- 92 petrol from 110 tenge to 115 tenge per litre is connected with the increased values of quotations for Brent which hit $109.65 per barrel.
'Moreover, the tariffs for domestic rail transportation of petroleum products have been increased by an average of 44 per cent since January 2013 in connection with a phased tariff unification according to the types, namely domestic, export and import in accordance with WTO requirements and the agreement on the regulation of the rail transport services worked out within the Customs Union and the Common Economic Space', a statement said.