  Kagh Petrol Group hikes petrol prices in ArmeniaJune 15, 2009 - 19:17 AMT PanARMENIAN.Net - The Armenian state committee on protection of economic competitiveness has initiated administrative procedure into petrol market.Monitoring specialists revealed that Kagh Petrol Group, the major importer of petrol in Armenia, raised prices by 20 drams for the second time during the past 1.5 months. Thus, Premium petrol price has reached 370 drams per liter. The committee said that on June 10, 2009, Kagh Petrol Group notified of ceasing activity and resigning commission to import and sell fuel to City Petrol Group. Meanwhile, Kagh Petrol Group has won the tender on fuel delivery to Armenia and continued activity in the second quarter of 2009. As to another petrol importer - Flash Company - it has not raised prices.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
