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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