Gasoline prices rise again in Armenia

Haykakan Zhamanak

08:57, 17.08.2012

YEREVAN. – The gasoline prices rose in all of Armenian capital city Yerevan gas stations on Thursday morning, Haykakan Zhamanak daily writes.  

“The price for one liter of the most consumed ‘Regular’-type rose from [AMD] 470 [approx. US$ 1.14] to [AMD] 480 [approx. $ 1.17]. Also, the ‘Premium’- and ‘Super’-type gasoline rose just as much.

The gasoline price increase is justified by two reasons: First, this product’s international price has somewhat increased. Second, the domestic market for gasoline consumption is getting smaller by the day,” Haykakan Zhamanak daily writes.

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