JSC "KazTransOil" reduced the tariff with the initiation of an administrative case

As it is known, in accordance with the Law of the Republic of Kazakhstan "On Natural Monopolies", KazTransOil JSC, as a natural monopoly entity, is obliged to submit annually, no later than May 1 of the year following the reporting period, to the Committee on Regulation of Natural Monopolies of the Ministry of National Economy of the Republic of Kazakhstan, a report on the execution of the approved tariff estimates.

Thus, according to the results of the analysis of the report on the execution of the tariff estimate of KazTransOil JSC for a regulated service for pumping oil through a trunk pipeline to the domestic market of the Republic of Kazakhstan for 2020, non-fulfillment of cost items by more than five percent of the amounts approved by the authorized body and the total amount of unjustified income, taking into account the refinancing rate of the National Bank of the Republic of Kazakhstan (9.75%) amounted to more than 370 million tenge.

As a result, a compensating tariff for oil pumping services via the main pipeline to the domestic market of the Republic of Kazakhstan was introduced with a decrease from 4,355.57 to 4,328.04 tenge per 1 ton per 1000 km, excluding VAT, where the decrease was 0.63%.

Also, in turn, according to the Law of the Republic of Kazakhstan "On Natural Monopolies", a natural monopoly entity is obliged to fulfill the approved tariff estimate.

In this connection, an administrative case has been initiated against KazTransOil JSC for non-fulfillment of the tariff estimate measures under part 4 of Article 164 of the Code of the Republic of Kazakhstan on Administrative Offenses. At the same time, the amount of the fine for this offense is 4.6 million tenge.

However, KazTransOil JSC, not agreeing with the decision of the Tariff Department, sent a petition for consideration of the case of an administrative offense to the Specialized Interdistrict Court for Administrative Offenses in Nur-Sultan.