LNG prices rise in Tajikistan

The liquefied natural gas have sharply risen in Tajikistan over the past two days.  In Dushanbe, LNG prices rose from 6.20 somonis per liter on October 9 to 6.80 somonis on October 11. In Khujand, the capital of northern province of Sughd, LNG prices rose  province 6.10 somoni s per liter on October 9 to […]

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The liquefied natural gas have sharply risen in Tajikistan over the past two days. 

In Dushanbe, LNG prices rose from 6.20 somonis per liter on October 9 to 6.80 somonis on October 11.

In Khujand, the capital of northern province of Sughd, LNG prices rose  province 6.10 somoni s per liter on October 9 to 6.70 somonis on October 11 

Kazakhstan provides the bulk of Tajikistan’s LNG imports, accounting for about 86 percent of Tajikistan’s LNG imports. 

It is to be noted that more than 60 percent of motor vehicles in the country use liquefied natural gas as fuel.

Officials at the Antimonopoly Agency says the LNG price hike has resulted from the rising cost of liquefied natural gas in the exporting countries, Kazakhstan and Russia.

As far as gasoline prices are concerned, they have not changed.  The price of one liter of 92-octane gasoline, which is the most sought-after grade of automobile gas in the country, is 10.90 somonis in Dushanbe and 10.80 somonis in Khujand. 

The price of one liter of 95-octane gasoline is 11.50 somonis in Dushanbe and 11.30 somonis in Khujand.  The diesel fuel is sold at 11.60 somonis per liter in Dushanbe and 11.20 somonis per liter in Khujand.

Russia provides the bulk of Tajikistan’s petroleum products imports.  About 90 percent of them have been delivered to Tajikistan from Russia on concessional terms (without payment of the export customs duty).

Recall, Tajikistan and Russia have made amendments to the indicative fuel balance for 2023.  Tajikistan and Russia signed an agreement on making amendments to the indicative fuel balance for 2023 in Moscow in November 2022.  The agreement provides for increasing duty-free Russian oil product deliveries to Tajikistan.  

In accordance with amendments made to the government-to-government agreement between Tajikistan and Russia on petroleum product deliveries to Tajikistan, Tajikistan should provide its proposals on formation of the indicative fuel balances to Russia every year until September 5

Relevant bodies of the two countries should coordinate Tajikistan's internal fuel consumption volumes for the next year and sign indicative balances until October 1.

Besides, Tajikistan should provide information on implementation of indicative balances for nine months and the expected implementation of them during the current calendar year to Russia every year until November 15.

The sides can change the volumes of provided duty-free petroleum products for the current year until August 20 taking into account the reasonable change of internal consumption in Tajikistan.

Tajikistan was exempted from paying Russian tariffs on oil and gas exports from 1995-2010 and Russia cancelled Tajikistan’s tax exemption on May 1, 2010 that resulted in gasoline prices rising in the country.

The agreement on duty-free Russian oil product deliveries to Tajikistan was signed between the governments of Russia and Tajikistan in Moscow on February 6, 2013

Under this agreement, the sides consider and endorse the indicative fuel balance for the next calendar before October 1 of each year.  Fuels delivered in addition to the indicative fuel balance will be liable to export duty.

Russian petroleum products delivered to Tajikistan in the volumes not exceeding those agreed on indicative balance are not subject to re-export to the third countries.

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