Source Pravda.Ru

Government to consider changes in natural monopolies' tariffs to be made in 2002-2003

The question of changes in natural monopolies' tariffs to be made in 2002-2003 will be discussed at a Russian government meeting on June 20. A representative of the Economic Development and Trade Ministry of Russia told reporters that natural monopolies had been insisting on a 26% rise in gas prices beginning January 1, 2001. They also suggested a 54.5% increase in service charges within the RAO UES system next year. The price of electrical power supplied from the federal wholesale market (FOREM) is to grow by 18.1%, and the fee for freight transportation by rail would be up 14%.

The ministry's representative pointed out that the inflation rate was to fall to 10-12% in 2003, whereas the corresponding government estimate for this year was 14%. Nonetheless, if these proposals by natural monopolies are accepted, the inflation rate can reach 13-15% in 2003. Therefore, experts of the Economic Development and Trade Ministry insist on limiting the rate of growth in natural monopolies' tariffs. Any increase in these tariffs should not lead to higher inflation, and these tariffs' contribution to the general inflation level should not be more than 3-4% a year. In this connection, the ministry suggests that gas prices should grow by not more than 20%. Moreover, experts of the Economic Development and Trade Ministry believe that such a rise would increase costs in the energy sector by only 5-6%. Additionally, the price of electrical power supplied from FOREM, as well as service charges of RAO UES should grow by not more than 14-16%, and the maximum rate of growth in railway fares for freight transportation should be 12-14%.

Visit to

&to=http://www.rao-ees.ru/en/' target=_blank>RAO-UES

Comments
Center and peripheries in Europe - Portugal, a case of peripheral disaster
Center and peripheries in Europe - Portugal, a case of peripheral disaster
Kerch college shooter grew up in dysfunctional family
Russia will not let NATO warships into Sea od Azov
The new war front of the confrontation between Russia and Ukraine
The new war front of the confrontation between Russia and Ukraine
The new war front of the confrontation between Russia and Ukraine
Saudi Arabia knows how to dismember journalists and get away with it
Deputy head of the Crimea arrested in Moscow
Russia will not be de-dollarized
Who killed Jamal Khashoggi?
Russia sees first mass school shooting organised by 18-year-old student
Saudi Arabia knows how to dismember journalists and get away with it
Saudi Arabia knows how to dismember journalists and get away with it
Saudi Arabia knows how to dismember journalists and get away with it
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Russia sees first mass school shooting organised by 18-year-old student
Russia sees first mass school shooting organised by 18-year-old student
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Russia sees first mass school shooting organised by 18-year-old student