PRICE OF COMPRESSED GAS HAS DECLINED IN ARMENIA, CHAIRMAN OF STATE COMMISSION ON PROTECTION OF ECONOMIC COMPETITION CLAIMS

Noyan Tapan

Ma y 15, 2008

YEREVAN, MAY 15, NOYAN TAPAN. It is the second day that prices at
Armenia’s 214 compressed gas filling stations have been reduced
by about 40 drams. The chairman of the RA State Commission on
Protection of Economic Competition Ashot Shahnazarian said on May 15
that compressed gas is currently sold at 160 drams a cubic meter in
Yerevan, at 150 drams in Gyumri and 130 drams in Hrazdan.

To recap, on May 1 the price of gas went up as a result of abolishment
of the privilege of subsidising the gas tariffs, which in its
turn resulted in a growth of prices of taxi services. According to
A. Shahnazarian, however, by the commission’s calculation, the price
was to increase by 30 drams to 160 drams, whereas at some filling
stations it has reached 200 drams. He announced that the commission
is continuing studies of the compressed gas market, and there is no
company with a dominating position in this market.

A. Shahnazarian said that the commission is currently examining
markets of some foodstuffs in order to find out whether the decline
in the customs values of these goods has affected their prices.

From: Emil Lazarian | Ararat NewsPress