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Armenian National Congress Criticizes Authorities For Mistakes In Ma

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  • Armenian National Congress Criticizes Authorities For Mistakes In Ma

    ARMENIAN NATIONAL CONGRESS CRITICIZES AUTHORITIES FOR MISTAKES IN MANAGING FUEL RESOURCES

    arminfo
    2008-08-25 19:49:00

    ArmInfo. All companies wishing to import petrol must be allowed to do
    it, the Armenian National Congress (an assembly of supporters of the
    first president of Armenia Levon Ter-Petrossyan) says in a statement
    commenting on the delays in the import of fuel into Armenia caused
    by the Georgian-South Ossetin conflict.

    The Congress says that as a result of the delays the shadow price of
    one liter of petrol in Armenia has hit 1,000 AMD.

    The Georgian-South Ossetian conflict continues having negative
    consequences on Armenia as it is not clear when the Armenian goods
    that are presently in Georgia will arrive in Armenia. The Armenian
    authorities have made a number of mistakes in their fuel resource
    management strategy. Particularly, it was a big mistake to zero
    Armenia's fuel reserves. One more mistake is that the authorities
    have not developed alternative fuel import schemes, particularly,
    fuel might be imported from Iran. Besides, it is necessary to abolish
    the monopoly over the import of liquid fuel into Armenia as monopoly
    may result in energy crisis in the country.
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