Competition protection commission records no anti-competitive situation in liquid petroleum gas market
There are 187 economic entities importing liquid petroleum gas (LPG) into the Republic of Armenia, resulting in no anti-competitive situation or dominant market entities. This was stated by Gegham Gevorgyan, Chairman of the Competition Protection Commission (CPC), during a briefing with journalists following the government session.
According to him, the market share of any single economic entity does not exceed 10 percent. Gevorgyan noted that the current situation is driven by the supply-and-demand ratio, as well as an increase in the number of importers.
The CPC Chairman mentioned that weather conditions have caused queues at the borders, leading to temporary price increases. He stated that prices are expected to decrease once the gas-laden vehicles enter the country.
Gevorgyan also recalled a previous statement by the RA Prime Minister, according to which prices in the market will stabilize once transport hub issues are resolved and access extends beyond land connections alone.
It should be noted that an increase in LPG prices has been recorded in the Armenian market in recent days. While the maximum price per liter at gas stations was approximately 200 AMD last week, prices currently range between 230 and 290 AMD.