Creation of single oil and gas market does not mean single oil prices in EEU

Date: 09:33, 13-03-2015.

Almaty. March 13. KazTAG - Creation of single oil and gas market on the territory of the Eurasian Economic Union does not mean that the prices for oil, gas and oil products will be equal in all the EEU states, reports BelTA news agency.
"Creation of common markets of gas, oil and oil products does not mean that the prices will be equal for them in all the EEU states. The final price will be affected by indirect taxes, excise rates which are different in EEU member states," said Tair Mansurov, member of board on energy and infrastructure of the Eurasian Economic Commission.
In his words, the system work for creation of single markets of oil, gas and oil products has been started, similar work is being observed at the markets of EU states.
The single markets of oil, gas and oil products are expected to be formed by 2025.

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