ArmInfo.The issue of liquefied petroleum gas (LPG) supplies from Iran to Armenia has been resolved, and Iranian gas is expected to re-enter the Armenian market in the coming days. Armenia's Minister of Economy, Gevorg Papoyan, made this statement to journalists on May 13 in Aparan during a campaign event for the ruling "Civil Contract" party.
According to the Minister, he was informed of this development yesterday by Armenia's trade attache in Iran. "This means that Iranian LPG will enter the Armenian market in the coming days, which will have an impact on price reduction," Papoyan noted.
He emphasized that while Russian LPG currently enters Armenia without obstruction, price hikes within Russia and the imposition of an export duty have impacted prices in Armenia. "I hope the 'Iranian factor' will influence a price reduction here," the Minister said, adding noting that he believes a short-term price reduction will lead to a return to previously existing tariffs. "This issue is on our agenda. The price of LPG in Aparan is currently 240 drams this is not where it should be; it needs to go down. The process is moving slowly. If the price reaches 200 drams in a week, that would be fantastically good," the Minister stated.
According to data from the RA Customs Service, in Q1 2025, LPG was sourced primarily from Russia (99.1%), totaling over 126,871.9 tons. This represented a 30.6% increase in volume and a 45.6% increase in customs value (to $42.1 million). Meanwhile, LPG supplies from Iran had dropped by 66% to 553.6 tons (0.4%), with customs value falling 66.7% to $233.9 thousand. Iraqi LPG accounted for 0.1% (218.1 tons), a 68.3% year-on-year increase, with customs value rising 2.8 times to $146 thousand. Minor volumes were also imported from Kyrgyzstan, Kazakhstan, Georgia, Belarus, Turkey, China, Germany, and Poland.
