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Anti-Monopoly Commission to Study Armenia's Petrol Market

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  • Anti-Monopoly Commission to Study Armenia's Petrol Market

    Anti-Monopoly Commission to Study Armenia's Petrol Market


    YEREVAN, May 27. /ARKA/. Armenian State Commission for Economic
    Competition Protection is going to monitor the country's petrol market,
    Commission Chairman Ashot Shahnazaryan told reporters.

    `Today prices in Armenia do not differ much from international prices,'
    Shahnazaryan stressed.

    The anti-monopoly commission will study the petrol prices within one
    and a half months. `We have already requested the economic entities of
    the sector for data and will start the research work in the nearest
    future,' Shahnazaryan said.

    According to the National Statistical Service of Armenia, petrol prices
    grew in Armenia by 2.5% in April 2008 as compared to March. An 11.5%
    annual increase and 3.3% growth from the beginning of the year were
    recorded.--0-
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