YEREVAN, May 20, /ARKA/. A common natural gas transit tariff in the Eurasian Economic Union (EEU) cannot be introduced with the current integration level, Russian President Vladimir Putin said at a meeting of the Supreme Eurasian Economic Council in a video conference format on Tuesday, TASS reported.
“As for the common tariff on transportation and transit of natural gas proposed by our Armenian and Belarusian friends, we suggest that a common tariff may only be introduced on a common market with a common budget and a common taxation system. Such a deep integration level has not been reached in the EEU so far,” he was quoted as saying.
Putin stressed that so far prices should be formed based on the market environment, considering the costs and investments of suppliers, as well as should ensure return on capital invested in production. The president added that it is the world’s practice.
Vladimir Putin believes that tariff issues on the EEU gas market can be discussed later at the expert level.
“If the positions of our Armenian and Belarusian friends remain unchanged, it would probably be logical to exclude the item on gas from the draft Strategy on the EEU development until 2025 altogether to approve it today. The discussion of approaches to gas pricing can be continued with experts from member states and the Eurasian Economic Commission,” President Putin said.
The Russian President said also that the issue of gas transportation tariffs is the only item in the draft EEU Development Strategy until 2025 that is not backed by all its members.
He said there is a formula that is supported by three other members of the EEU – Russia, Kazakhstan and Kyrgyzstan, whose essence is that approaches to gas pricing could be determined later in the negotiations on the formation of a common gas market.
‘This formula has not yet been accepted by our Armenian and Belarusian colleagues, who have their own point of view on this issue,” the Russian leader specified. – 0–