Stressful Situation: No Liquid Gas in the Market, Deep Causes Behind It

According to the "Haykakan Jamanak" newspaper, "The liquid gas market has been in a stressful situation for several days. Drivers are complaining that there is no liquid gas available in the market, and if a gas station has liquid gas, it refuses to sell more than 5000 drams to a driver. However, it turns out that the scarcity in this market has deep-rooted causes.

"Haykakan Jamanak" newspaper learned that liquid gas importers have found themselves in a desperate situation. We have previously reported that importers are forced to wait for days in Iraq and Russia to purchase a certain quantity of liquid gas. It has also come to our attention that Russia and Iraq have sharply raised the price of liquid gas, offering Armenian importers a significantly higher acquisition cost.

However, "Haykakan Jamanak" newspaper has learned that the government is currently looking for other solutions to address the issue. Negotiations are taking place at the state level with Iran and Qatar. Whether the government will succeed remains to be seen, but it is certain that the price of liquid gas will remain high for some time.

It should be noted that the prevailing situation in this market has caused panic among drivers, as some gas stations have taken advantage of the situation to unjustifiably raise the price of liquid gas up to 280 drams per liter.

But the only organization in Armenia dealing with price control has washed its hands of this issue, claiming that the market is competitive and has a concentration. However, certain entrepreneurs are taking advantage of this inaction and are exploiting drivers.

For more details, see today’s issue of the newspaper.