23 Jun 2009 16:01

Tariffs Service to decide on Transneft tariff indexation on June 30

MOSCOW. June 23 (Interfax) - The Russian Federal Tariffs Service's executive board plans to make a decision on the indexation of tariffs for the transportation of oil via the pipeline system of Transneft next week, a source at the service told Interfax.

"The issue of tariff indexation has been included in the tentative agenda for a board meeting on June 30," the source said, noting that the tariff is to come into effect on July 1.

"The exact figure will be determined at the FTS board meeting. The figure of about 4% is currently being discussed," the source said.

Tariffs on the transportation of oil via the Transneft pipeline system increased 15.7% on January 1 as part of a planned revision of the tariffs.