Russia Transneft not to increase 2011 oil fee-Ifax

MOSCOW, Sept 3 (Reuters) - Russia's oil pipeline monopoly Transneft (TRNF_p.MM) will not increase oil shipping fees in 2011, Interfax news agency quoted the company's head as saying on Friday.

"We are not going to raise the tariff at all," Nikolai Tokarev said.

The shipping tariff was increased by an average of 3.3 percent from Aug.1 and will rise by a further 9.9 percent from Dec.1.

The company is normally allowed to revise its fees at the end of each year and they already rose by 15.9 percent from January.

The government usually requests the state-controlled monopoly to cap hikes at below inflation levels to avoid spurring prices across other industries.

The oil shipping fee is the only source of profit for the pipeline monopoly, which has new pipeline projects and needs to maintain its infrastructure.

(Reporting by Vladimir Soldatkin; editing by Dmitry Sergeyev)