• Population: 8,532,400 (According to the Statistics Committee of the AR)
• GDP/capita: $3056,8 (According to the Central Bank of the AR)
• Generation: total 21,349 GW
  Fossil fuel: 19,193 GW
  Hydro: 2,16 GW
• Installed capacity            5568,6 MW
  Including TPP    4539,0  MW
  HPP       1029,6 MW
• Peak demand   5434,4 MW
  Actual capacity 5440 MW
  Including TPP    4472 MW
  HPP       968 MW
• Net electricity exporter   726,6 million m3
  Consumed natural gas  3,942 bcm

• Established in 2005, 25 staff members.
• Chairman and 12 members (deputy Ministers and vice-heads of departments) of the Council are approved by the Decree of the President of the AR.
• Tariff (Price) Council of the Azerbaijan Republic is funded from the state budget.
• To ensure implementation of regulation of prices that are classified as those that are regulated by the state, and in accordance with normative and legal acts of the current legislation of the Azerbaijan Republic;
• Adoption of relevant documents on price regulation (choosing the method of regulation, reviewing proposals, preparation, adoption, application, changing drafts, etc.);
• Making proposals on strengthening of the state control over pricing (tariff setting) and application of prices (tariffs), and also on improving the legislation and legal framework for state regulation of prices;
• Preparation of proposals on benefits for investors, certain groups of consumers, enterprises and organizations, including those related to setting norms and limits.
• To represent the Azerbaijan Republic at international and regional organizations, at scientific and practical conferences and workshops on issues related to price regulation

Main duties of the Council are as following:

• 3 distribution companies, incl
• 2 independent joint-stock companies and 1 distribution company, which is part of the open joint-stock company Azenergi
• Intense negotiations are being held on construction of private power plants
• Competition is introduced in energy generation

              Natural Gas Market Structure:
Production – the State-owned oil company of the AR;
Distribution – the joint-stock company “Azerigaz”.

U. Gadzhibekov Street 40, Government Building

U. Gadzhibekov Street 40, Government Building

Tel.: +994 12 4929148 , +99412 5983864, Fax: +99412 493 4867
E-mail: tariff{.}tariffcouncil.gov.az
Internet: http://www.tariffcouncil.gov.az/