11:57 GMT +3 hours23 November 2014
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Tariff Service Sets 7% Transit Fee Increase for Independents

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(updated 18:28 28.10.2014)
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Russia's Federal Tariff Service has raised gas transit tariffs for independent producers, via Gazprom's gas transit system, by an average of 7 percent from July 1, 2012, the service said on Friday.

Russia's Federal Tariff Service has raised gas transit tariffs for independent producers, via Gazprom's gas transit system, by an average of 7 percent from July 1, 2012, the service said on Friday.

"The FTS has reviewed the May 4 decision. From July 1, the average growth in tariffs will be 7 percent," a source in the agency said.

The tariff rise was initially planned to be 9.46 percent but a subsequent May 18 order prposed lowering this to 4.8 percent, before the FTS decision subsequently raising it to 7 percent.