Energy tariffs to remain unchanged in Azerbaijan this year

Energy tariffs to remain unchanged in Azerbaijan this year
  • Clock-gray 07:48
  • calendar-gray 02 March 2017

“In 2016 Azerenergy increased the tariffs about 33% and compensated 50%-growth in the price of gas purchased from SOCAR. We don’t expect these tariffs will be reviewed”, the agency said.

 

S&P reported that the last tariff changes did not Azerenergy’s financial outcomes: “According to our forecasts, operating activities will be profitable. However, the company will continue to operate on loss”. 

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