Since July 1 KTZh's tariffs for international transportations of crude oil, ferrous and non-ferrous metals to be raised

28.06.05 11:08
/INTERFAX-KAZAKHSTAN, Astana, June 27, 05/ - Since July 1 of 2005 tariffs of Kazakhstan temir zholy (KTZh, railroad) for main-line railway (MLR) services for transportation of crude oil, ferrous and non-ferrous metals will be raised. Kazakhstan's Natural monopolies regulation agency (NMRA) took corresponding decision after examining KTZh's application about the necessity to raise tariffs for MLR services. NMRA has decided to increase the tariffs only for international transportation: crude oil - by 13%, ferrous, non-ferrous metals, rolling of ferrous and non-ferrous metals - by 11%, and for building cargoes transportation - not to raise tariffs, the message of NMRA's press-service says. "The reason for increasing the tariffs was growth of KTZh's expenses because of growth of rendered services, and also by the necessity to make repairs, decrease of KTZh's incomes, also from confirmation of temporary descending coefficient 0.01 to tariffs for MLR services on passenger transportation (according to KTZh's data in year 2004 it had loss from MLR services in the amount of KZT6.7 bn.)", - the release says. Current rate is 135.50/$1. The message says growth of tariffs will not influence upon inflation. "On the reasons tariffs for MLR services for cargo transportation in domestic communication has remained unchanged, the growth of the tariffs will not influence upon inflation in the country and will not cause growth of consumer prices", - the release says. [2005-06-28]