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Tajik Govt. Has no Right to Intervene to Reduce Gas Prices

Wednesday 18 July 2018

DUSHANBE (TajikTTA) — The Antimonopoly Service of Tajikistan can not force suppliers of petroleum products to sell products at underpriced level.

Last month, price of gas in Tajikistan has dramatically grown. Prices for gasoline and diesel increased by almost 15%, almost 50% increase for the liquefied gas, which is the main automobile fuel in the country. However, since there are no subjects with a dominant position in the domestic market of liquefied gas, the antimonopoly authority has no right to influence the pricing of this type of fuel.

Nazar Odinazoda, the first deputy head of the antimonopoly service of Tajikistan said:

Each company works in the market to make a profit. We do not have the right to force suppliers of oil products to work for themselves to harm, selling products at low prices.

According to him, oil prices are formed on world exchanges, and as oil prices rise, so will prices for oil products:

Today the cost of one barrel of oil is $72, and a year ago it did not reach even $50. Acquiring oil at a higher price, refineries sell their products to suppliers more expensive. The latter, accordingly, will also raise the cost of the products they supply.

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Odinazoda stressed that the domestic market of petroleum products is under constant control of the antimonopoly authority:

Companies that occupy a dominant position in the market will coordinate any price changes with us. In the case of an unreasonable increase, we set a certain level, which they should not go over.

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