RETAIL PRICES FOR PETROL IN ARMENIA GREW ON AVERAGE BY 11.8% FROM EARLY AUGUST

YEREVAN, AUGUST 29. ARMINFO. Retail prices for petrol and air-fuel
in Armenia grew on average by 11.8% and 10.1% respectively from the
beginning of August.

At the same time, Deputy director of “Flesh” oil-trade company
Mushegh Elchyan noted in an interview to ARMINFO that they not
expect any changes in prices till Sept 15. In his words, reserves
of warehoused petrol are being realized in the republic at present.
“Flesh” company may reserve the most quantity of petrol – 10 mln
liter. Further tendencies will depend on both world prices and new
purchases. It is difficult to do long-term forecasts when world
prices for oil have risen headily and have already made up to $70
per a barrel, he noted. Elchyan informed that a liter of “Regular”
costs 360 AMD, “Premium” – 380 AMD, and “Super” – 400 AMD at company’s
filling stations (320, 340 and 360 AMD respectively early in Aug).

Prices for air fuel also grew on average by 10.1% within Aug, which
has already brought to cost increase for air tickets. Air fuel cost
$728 per a ton early in Aug, $742 – in the middle of Aug, and $793 –
on Aug 29.

From: Emil Lazarian | Ararat NewsPress