The wholesale price for black oil went down by three times in Azerbaijan. The decision has been made at today’s session of the Azerbaijan Tariff Council.
According to the Tariff Council’s decision, price for 1 ton of black oil went down from 300 to 100 AZN.
The decision is effective since December 1, 2015.
Azerenerji open-type joint stock company (JSC) has requested the Tariff Council to reduce prices for black oil.
In Azerbaijan retail price of black oil is not regulated by the state.
