Thursday, April 2 2026 14:22

Armenia stabilizes fuel prices through market diversification and  establishment of alternative supply chains

Armenia stabilizes fuel prices through market diversification and  establishment of alternative supply chains

ArmInfo. Thanks to the demonopolization of the  market and the establishment of alternative supply chains, Armenia has successfully mitigated sharp increases in domestic fuel prices. This was  announced  today by Prime Minister Nikol Pashinyan,  in response to a question about the future of petroleum product  prices following Russia's decision to restrict gasoline exports.

It should be noted that the Russian government has officially  implemented a ban on gasoline exports for direct producers, effective  until July 31, 2026. The corresponding decree has already been signed  and published on the official website of the Cabinet of Ministers on  April 2. According to the explanations in the document, the decision  was made "to maintain stability in the domestic fuel market during a  period of high seasonal demand and agricultural fieldwork."  Furthermore, these measures are necessary" due to the rise in global  oil prices because of the current geopolitical situation in the  Middle East".

Nevertheless, according to Pashinyan, Armenia is a participant in the  international oil product market, and therefore the situation in the  Middle East cannot but concern the country's authorities.

Recall, imports of gasoline (primarily AI-95) and diesel fuel from  Azerbaijan (SOCAR) to Armenia via Georgia began in mid-December 2025,  resulting in a decrease in fuel prices on the Armenian market. The  first shipment of fuel was delivered on December 18-19, 2025, and  additional volumes continued to arrive in January 2026.