FAS proposes to increase freight rail tariffs in 2016 in two stages

FAS proposes to increase freight rail tariffs in 2016 in two stages


At the moment the Russian government is now finalizing a position on the indexation of tariffs of natural monopolies in 2016. Federal Antimonopoly service proposes to increase freight rates in 2016, by 5.5% from January and 4.2% from July.

MOSCOW, 16 Oct. The Federal Antimonopoly service (FAS) of Russia proposes to increase freight rates in 2016 in two stages to 5.5% from January and 4.2 percent since July, said Deputy head of the Department for the regulation of transport Dmitry Rutenberg.

“FAS proposes to increase tariffs for cargo rail transportation in 2016 from 1 January to 5.5% and from 1 July to 4.2%, he said.

Earlier Friday, the head of the Antimonopoly service Igor Artemyev said that the FAS insists on the necessity of indexation of tariffs for cargo railway transportation by 5.5%, up from 10% in 2016. According to him, the last digit until stopped by the government, but Prime Minister Dmitry Medvedev instructed the Cabinet to consider the position of the FAS decision on this issue.

The government is now finalizing a position on the indexation of tariffs of natural monopolies in 2016. According to the head of the MAYOR Alexei speaker, decided that subsidies in 2016 will be only a suburban railway transportation and long-distance transport, freight subsidies will not. To index railway tariff decision is still pending, but most likely, the tariff indexation for freight transportation will reach 10%, while passenger — 4%, the Minister said.

Earlier in October, the head of Russian Railways Oleg Belozerov said that the company will need in 2016 to 22 billion rubles of subsidies in the indexation of freight tariffs by 10%. The head of the Russian Railways said that the company has already optimized on the next year budget of 50 billion rubles. Earlier Russian Railways requested an index rate by 10% and allocate 75 billion rubles of subsidies.