S&P reported that the last tariff changes did not Azerenergy’s financial outcomes: “According to our forecasts, operating activities will be profitable. However, the company will continue to operate on loss”.
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Energy tariffs to remain unchanged in Azerbaijan this year
02 March 2017
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Azerenergy does not plan to review energy tariffs in 2017, Standard&Poor`s Global Ratings (S&P) reported.
“In 2016 Azerenergy increased the tariffs about 33% and compensated 50%-growth in the price of gas purchased from SOCAR. We don’t expect these tariffs will be reviewed”, the agency said.
S&P reported that the last tariff changes did not Azerenergy’s financial outcomes: “According to our forecasts, operating activities will be profitable. However, the company will continue to operate on loss”.
Share
S&P reported that the last tariff changes did not Azerenergy’s financial outcomes: “According to our forecasts, operating activities will be profitable. However, the company will continue to operate on loss”.
Share
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