Baku. Agshin Rafigoglu - APA-Economics. Russia’s Transneft Company seeks funds for repair of Baku-Novorossiysk pipeline and Sheskharis oil terminal in Novorossiysk, APA-Economics reports quoting Kommersant newspaper.
The company asked Russian Federal Tariff Service to increase the tariff for transportation of Azerbaijani oil via pipeline by 30%.
The company said that oil transportation in this direction has become more profitable after decline of ruble.
“After devaluation, the price of oil transportation via Russian pipeline for Azerbaijan makes $10.2 a ton. The price of oil transportation via Baku-Tbilisi-Ceyhan makes $44.4 a ton”.
However, increase of tariff will not influence the volume of transportation.
Russian Federal Tariff Service will review the increase of tariffs on April 7.
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