07

Turkmenistan : New charges for gas and electricity

With the aim to continue the development of free market relations in the economy of Turkmenistan as well as to regulate prices for gas, electricity, housing and communal, transport and communications services for all users, the President of Turkmenistan has signed a decree, which establishes the following charges for natural gas (inclusive of VAT) as from November 1, 2017:

 

for citizens of Turkmenistan, who are not engaged in entrepreneurial activities – 20 manats for 1,000 cubic meters of natural gas, after exceeding the free usage limits;

 

for foreign citizens, who have received a residence permit in accordance with the laws of Turkmenistan, and stateless persons and refugees – 20 manats per 1,000 cubic meters of natural gas, after exceeding the free usage limits;

 

for other consumers, except those mentioned in paragraphs two and three (with the exception of a share of foreign investors in enterprises, engaged in foreign investment activities, as well as building contractors, carrying out construction and erection works in Turkmenistan under contracts in foreign currency) – 20 manats per 1,000 per cubic meters of natural gas;

 

for a share of foreign investors in enterprises, engaged in foreign investment as well as building contractors, carrying out construction and erection works in Turkmenistan under foreign currency contracts – US $50 per 1,000 cubic meters of natural gas;

 

for residential and other needs – 20 tenges per kilogram of liquefied gas, used beyond the fixed free limits.

 

The Decree also introduces the following VAT exclusive electricity rates:

 

for budget-funded organizations and legal entities equivalent to them – 3.31 manats per 100 kilowatt-hours;

Kaynak : Atavatan Türkmenistan Haber Ajansı (ATHA)

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