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Petrolium Prices May Go Up 3 - 4% In Armenia

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  • Petrolium Prices May Go Up 3 - 4% In Armenia

    PETROLEUM PRICES MAY GO UP 3-4 PERCENT IN ARMENIA

    Panorama.am
    15:05 18/09/2007

    Higher oil prices will affect the cost of petroleum in Armenia,
    Mushegh Elchyan, deputy director of a fuel import company "Flash",
    told Panorama.am.

    The expert forecast 3-4 percent higher petroleum prices in Armenia,
    or 10-12 drams more per liter, in case the high price sustains in
    the world. "The price of petroleum will not go up for the coming week
    in the republic since a new dispatch has not been imported," Elchyan
    said. In his words, 1 liter of petroleum has gone up by 30-40 drams
    per 1 liter since the start of the year.

    Note: A new oil price record was registered in New York today with
    1 barrel of oil/$81. The rise in prices is explained with greater
    demand for oil in fall and winter season.

    From: Emil Lazarian | Ararat NewsPress
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