14:13
 Thursday, September 3 2020 14:13
David Stepanyan

Expert: Rise in gasoline prices forces Armenia to search for  alternatives

Expert: Rise in gasoline prices forces Armenia to search for  alternatives

ArmInfo. The increase in the price of gasoline in Armenia observed in the previous month is due to price fluctuations in the producing country, as well as an increase  in logistics costs. The EU national expert on transport Ara Marjanyan  expressed a similar opinion to ArmInfo.

During August, gasoline prices in Armenia gradually increased from  280 drams per liter of "regular" up to 340 drams. Accordingly  ''premium'' and ''super'', as well as diesel fuel have risen in  price.

"In general, it should be recorded that the process of pricing  petrol, gas, jet fuel and diesel fuel are always subject to certain  fluctuations. The latter depend on the seasonality factor, the  internal policy of manufacturers, and a number of other factors.  There is nothing surprising in this. Another thing is surprising.  Namely, the absence of a damper fund in Armenia, which, following the  example of similar funds in many countries, can significantly soften  the above-mentioned fluctuations in fuel prices for the country's  economy, "he said.

Logistics, according to the expert, today is becoming more expensive  due to a decrease in the volume of fuel imports to Armenia. As  another reason, Marjanyan noted the emergence of problems in the  implementation of certain actions caused by the coronavirus pandemic.  As a result, certain corruption risks emerged in this area.

Commenting on the situation with the prospects for the appearance of  oil products from Kazakhstan on the Armenian market, the expert noted  that there is practically no official information about this process.  There is only information about the signing of the relevant  agreement. Marjanyan expressed hope that work in this direction is  going on, because now, according to his estimates, there are very  favorable conditions for the implementation of this program. He noted  that in addition to the formation of a tangible surplus of oil  products in Kazakhstan, it became possible to import them to Armenia  at zero customs duties.

"At the same time, this will become a convenient reason for improving  the logistics conditions of transit routes through Georgia, in  particular, the conditions for using Georgian ports. Considering the  fact that the Batumi port and oil terminal belong to Kazakhstan, this  will become a convenient pretext for developing routes for importing  Kazakh oil products through the southern route - the Caspian  Sea-Iran. I think that today both of these alternative routes should  be discussed, "Marjanyan concluded.