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Chairman Of State Commission For Economic Competition: Petrol And Di

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  • Chairman Of State Commission For Economic Competition: Petrol And Di

    CHAIRMAN OF STATE COMMISSION FOR ECONOMIC COMPETITION: PETROL AND DIESEL PRICES WILL FELL BY 10 DRAMS STARTING MARCH 7 IN ARMENIA

    ArmInfo
    2009-03-06 13:28:00

    ArmInfo. Petrol and diesel prices will fell by 10 drams starting
    March 7 in Armenia, Chairman of the State Commission for Economic
    Competition Ashot Shanhnazaryan told media Friday.

    'We had a meeting with major petrol importers Thursday in the evening
    and achieved relevant agreement with them', A. Shahnazaryan said. The
    price will even more fall later due to the measures taken by the
    Commission, he said.

    To recall, the sharp fall of the Armenian national dram against the
    US dollar on March 3 resulted in a rise of prices in the retail trade
    network including of oil products. In particular, Petrol Super AI-98
    was sold for 290 dram per liter on March 3 in the morning, whereas
    it rose to 340 drams by 17.2% already in daytime the same day. The
    price of Premium AI 95 rose by 19.2% from 260 drams to 310 drams per
    liter. Regular AI 91 rose in price by 20.8% from 240 to 290 drams
    per liter. Diesel price rose y 17.3% from 230 to 270 drams.
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