Petrol Price dropped by 20 AMD
Today Chairman of the RA State Commission for Protection of Economic Competition Artak Shaboyan announced during the interview conducted by the reporters that they have registered 20 AMD drop in petrol price in Armenian during the last month.
According to him the Commission has conducted a research to find out that the number of the companies importing petrol to Armenia have increased. A new company Max Group have started operating in the petrol market.
“The studies show that the new company managed to buy the petrol in lower price as a result of which the petrol price sold by them is lower. This has resulted to the reduction of petrol retail price in the market,” Artak Shaboyan noted.
In his words it has been stated several times the petrol market is open for those economic entities that are willing to run this business. Artak Shaboyan was not sure how much the petrol price will continue to drop, but stated that the studies had always shown that the changes in the international market had indirect effects in Armenia.