Monday, April 27 2026 18:41
Alina Hovhannisyan

MP: Uncontrolled situation in Armenia`s  fuel market  leading to  chronic artificial price hikes

MP: Uncontrolled situation in Armenia`s  fuel market  leading to  chronic artificial price hikes

ArmInfo.The lack of oversight in Armenia's diesel fuel market is leading to constant artificial price increases, that burden hardworking citizens rather than the government, as stated by Garnik Danielyan, a member of parliament from the opposition Armenia faction, on his Facebook page.

He noted that over the past week, the price of liquefied gas in  Yerevan and the regions has been rising literally hour by hour,  reaching 260-300 drams. According to the parliamentarian, shortages  have emerged in some places. "It's reached the point where our  compatriots are telling each other in Facebook groups which gas  stations are still available for purchase. Many are starting to  abandon gas cylinders, which is leading to additional expenses. Taxi  drivers are also sounding the alarm: the shortage of liquefied gas  has disrupted their normal operations," Danielyan wrote, noting that  in early April, the price of liquefied gas was 170 drams. "This means  we're dealing with a 60-70% increase," he emphasized.

The MP noted that he regularly addresses the issue of fluctuating  pricing in the liquefied gas market in Armenia, urging the competent  authorities to take steps to regulate it. In this regard, he  emphasized the need for a study to determine whether the reasons for  the price increase are objective or certain companies are engaging in  unfair trade practices.

"If the problem is merely related to supply chains—as is typically  claimed in such cases—is it not possible to make the transportation  process and potential border delays more manageable?" the MP  questioned.

"Regulating the market and ensuring proper supplies should have been  the government's focus. I have sent letters to the RA Ministry of  Economy and the  Competition Protection and Consumer Rights  Commission, demanding clarification on when the problem of prices and  shortages of liquefied gas will be resolved," he said.

It should be noted that, according to data from the RA Customs  Service, liquefied gas is imported primarily from Russia (99.1%), or  over 126,871.9 tons in Q1 2025, with a 30.6% increase in volume and a  45.6% increase in customs value (to $42.1 million). Supplies of  liquefied gas from Iran decreased by 66% to 553.6 tons (0.4%), with a  decrease in customs value by 66.7% to $233.9 thousand. The share of  Iraqi liquefied gas accounted for 0.1% or 218.1 tons, which is 68.3%  higher than the figure for the previous year, while the customs value  increased by 2.8 times to $146 thousand. Smaller volumes of liquefied  gas arrived in Armenia from Kyrgyzstan, Kazakhstan, Georgia, Belarus,  Turkey, China, Germany, and Poland.