DUSHANBE, November 22, 2011, Asia-Plus — An average gasoline price has risen this month 8.9 percent as compared to October, according to the Minister of Economic Development and Trade (MEDT).
Current gasoline prices are 7.20 somoni for one liter of 92-octane gasoline and 7.50 somoni for one liter of 95-octane gasoline. In October the price of one liter of 92-octane gasoline was 6.70 and the price of one liter of 95-octane gasoline was 7.20 somoni, the source said.
According to the findings of monitoring conducted by the MEDT specialists, the price of 92-octane gasoline has risen 59.8 percent since the beginning of this year and 69 percent in a year to November 1, 2011.
New gasoline prices were reportedly coordinated with the Antimonopoly Agency before November 5.
According to the Antimonopoly Agency, six large fuel companies now operate in Tajikistan: Gazpromneft-Tajikistan; Nouri Dilshod; Anahito; Ozod International; Khonaqo Nefteproduct (Oil product); and Umed-88.
In addition to them, individual entrepreneurs also deliver oil products into the country.
Gazpromneft-Tajikistan reportedly dominates the Tajik fuel market, accounting for 51.9 percent of Tajikistan’s fuel imports, Nouri Dilshod – 5.3 percent, Anahito – 3.6 percent, Ozod International – 4.6 percent, Khonaqo Nefteproduct – 4.4 percent, and Umed-88 – 2.3 percent.
Individual entrepreneurs reportedly account for 27.7 percent of Tajikistan’s fuel imports.
We will recall that by Russian government’s decree export duty on light oil was decreased from US$297.00 per ton to US$271.50 beginning on October 1, 2011. The export duty for gasoline was decreased from US$399.00 to US$370.20 beginning on October 1, 2011.
It is to be noted that it was the third decrease in export duty for Russian oil products this year. The first decrease in export duty for Russian oil products was reported on July 1 this year, when the export duty on light oil decreased from US$309.60 to US$298.20 per ton and the export duty for gasoline was decreased from US$415.80 to US$400.50 and the second decrease was reported in August, when Russia decreased export duty on light oil from US$298.20 per ton to US$293.60 and the export duty for gasoline from US$400.50 to US$394.40 beginning on August 1, 2011.
In September, Russia, however, raised export duty on light oil is raised from US$293.60 per ton to US$297.50 and the export duty for gasoline from US$394.40 to US$399.70.
Russia cancelled Tajikistan”s tax exemption on May 1, 2010 and the Russian government has regulated the export duty on light oil since the beginning of this year. A sudden spike was reported in May, when export duty for Russian gasoline rose 44 percent as compared with April.
