On Monday November 4, Russian President Vladimir Putin signed the federal law on ratification of the protocol on making amendments to the government-to-government agreement between Russian and Tajikistan on petroleum product deliveries to Tajikistan, according to the Kremlin.
The State Duma (Russia lower hue of parliament) adopted this law on October 17 and the Federation Council (Russia’s upper chamber of parliament) seconded this law on October 25.
In accordance with the amendments, 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.
Recall, Tajikistan was exempted from paying Russian tariffs on oil and gas exports from 1995 to 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 oil products delivered to Tajikistan in the volumes not exceeding those agreed on indicative balance are not subject to re-export to the third countries.
