Kagh Petrol Group Hikes Petrol Prices In Armenia

KAGH PETROL GROUP HIKES PETROL PRICES IN ARMENIA

/PanARMENIAN.Net/
15.06.2009 18:17 GMT+04:00

/PanARMENIAN.Net/ The Armenian state committee on protection of
economic competitiveness has initiated administrative procedure into
petrol market. Monitoring specialists revealed that Kagh Petrol Group,
the major importer of petrol in Armenia, raised prices by 20 drams for
the second time during the past 1.5 months. Thus, Premium petrol price
has reached 370 drams per liter. The committee said that on June 10,
2009, Kagh Petrol Group notified of ceasing activity and resigning
commission to import and sell fuel to City Petrol Group. Meanwhile,
Kagh Petrol Group has won the tender on fuel delivery to Armenia and
continued activity in the second quarter of 2009. As to another petrol
importer – Flash Company – it has not raised prices.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS