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 | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |