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    The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan

    Development, Center for Economic and Social | November 2016
    Abstract
    The regular meeting of the Tariff (Price) Council of the Republic of Azerbaijan held on November 28, 2016 re-examined the sale prices of natural gas, electricity, heating oil, jet fuel. According to the appeal made by the State Oil Company to the Tariff (Price) Council, during recent years large-scale investments have been undertaken to ensure the sustainability of natural gas supply and the quality of service has been improved. Additionally, it was stated that, following the agreements on production sharing, some part of natural gas sold in the country is purchased from the operating companies in USD. This results in a loss, since the cost exceeds the regulated prices in the country. In order to ensure sustainability and quality alongside decreasing financial burden, it was proposed by SOCAR to raise the natural gas tariff to 180 manat per 1000m3 for all consumers.
    Citation
    Development, Center for Economic and Social. 2016. The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan. © Center for Economic and Social Development. http://hdl.handle.net/11540/7356.
    Keywords
    Domestic Energy
    Energy Demand
    Energy Prices
    Energy Pricing Policy
    Energy Supply
    Primary Energy Supply
    Development Indicators
    Social Participation
    Low Income Groups
    Income Generation
    Newly Industrializing Countries
    Input output analysis
    Cost benefit analysis
    Needs assessment
    Economic evaluation
    Energy Industries
    Commercial Energy
    Energy Economics
    Energy Technology
    Household Energy Consumption
    Industrial Energy Consumption
    Primary Energy
    Results-Based Monitoring And Evaluation
    Project Evaluation & Review Technique
    Evaluation Techniques
    Evaluation Methods
    Evaluation Criteria
    Electric power
    Energy development
    Power supply
    Electric power consumption
    Price
    Consumer
    Consumption
    Supply and demand
    Electric power plant
    Power
    Energy consumption
    Risk assessment
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    Citable URI
    http://hdl.handle.net/11540/7356
    Metadata
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    CESD-Assessment-Price-Increasing-Azerbaijan.pdf (385.6Kb)
    Author
    Development, Center for Economic and Social
    Theme
    Energy
    Evaluation
     
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise