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Flash In Dominant Position In Petroleum Sale

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  • Flash In Dominant Position In Petroleum Sale

    FLASH IN DOMINANT POSITION IN PETROLEUM SALE

    Panorama.am
    16:57 08/11/06

    "We can store 12,000 tones of fuel," Mushegh Elchyan, deputy
    director of Flash, told reporters at the state committee of economic
    competition. Flash is registered as an economic entity with dominant
    position. The company sold 44.1 percent of petroleum and 38.8 percent
    of diesel fuel in the republic as per the first quarter of the year.

    Elchyan said small companies cannot import fuel because it has risk
    factors. Moreover, he said less petrolium is sold because of more
    use of gas.

    The committee data say 7 companies engage in sale of petrolium in
    the republic. "Mika Ltd decided to shift to cement industry," Elchyan
    said.
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