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BAKU: Armenia faces energy crisis

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  • BAKU: Armenia faces energy crisis

    Assa-Irada, Azerbaijan
    Jan 17 2005

    Armenia faces energy crisis


    Armenia is facing energy and fuel crisis, as prices for automobile
    gasoline have doubled, diesel fuel increased 1.5 times, while those
    on stove heating oil and liquid gas 1.6 times.
    Today, AI-95 brand gasoline sells in Armenia for $1.6, while AI-93
    and AI-72 brands for $1.2 and $1 respectively.
    Experts explain Armenia's energy crises with the detention of trains
    with transit cargoes which are transported to Armenia through
    Azerbaijan and Georgia, on the Azeri-Georgian border and a relevant
    investigation being carried out by the Azerbaijan State Customs
    Committee.
    An official from Armenian Energy Ministry Bagam Terbekian told the
    local press that the country's fuel reserves are getting exhausted.
    Whereas 20,000 tons of gasoline was daily imported from Georgia, the
    figure is currently 3,000 tons, he said.
    Amidst the crisis, Iran has reduced the export of fuel to Armenia.
    Terbekian said the reasons for the move are uncertain and that the
    government will seriously examine the situation.
    A new agreement on cargo transportation will be signed by the
    Azerbaijani and Georgian customs agencies shortly. The agreement
    includes a special provision which bans transporting cargoes going
    through Azerbaijan to Armenia through Georgia.*
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