INFLATION REACHES ARMENIAN PETROL MARKET – NEWSPAPER
YEREVAN, December 17./ARKA/. Oil prices are falling in all countries,
but Armenia – here they are going up, Zhamanak reports. According to
the newspaper, petrol prices jumped 30 drams yesterday.
In particular, Regular leapt from 460 drams per one liter to 490
drams and Premium was sold at 510 drams instead of 480 drams.
Styopa Simonyan, deputy director of Flash fuel supplying company,
confirming the fact of the petrol price increase by 30 drams in his
conversation with the newspaper’s correspondent, said that the price
rise will depend on fluctuations in foreign exchange rates.
Simonyan, however, refused to answer some of the questions the
correspondent put to him, saying he was busy.
Another market player, City Petrol Group CJSC, however, neither
confirmed nor denied the fact of petrol price hikes. A spokesman here
said that the appropriate person is absent now. Armenia’s fuel market
would be better secured if the country imported fuel from various
countries, but now it imports fuel mostly from Russia.
The newspaper says, fuel was imported also from Bulgaria and Romania,
the countries having large competitive markets.
The 4-6-percent fall seen in petrol prices at the local market in
October not only stopped, but also inflation got own back. –0—–