Iranian businessman denied access to Armenia’s petrol market
25.05.2016,
14:10
Arshia Monjezi, an Iranian businessman, has been denied access to Armenia's market, Zhamanak reports.

YEREVAN, May 25. /ARKA/. Arshia Monjezi, an Iranian entrepreneur, has been barred from entering Armenia's market, Zhamanak reports.
According to the newspaper, he was warned against entering Armenian market a few months ago, when he wanted to start importing petrol into Armenia from Iran.
Remarkable is that Hovik Abrahamyan, Armenia's prime minister, swore recently before members of the National Assembly that there is no monopoly at Armenia’s liquid fuel market and anybody who wants may import fuel into the country.
One liter of ‘Regular’ petrol is sold in Armenia at 390 drams, while in neighboring Georgia its price is only 250 drams.
Taking into account all his expenses, the Iranian entrepreneur was going to supply petrol to Armenia and sell it at 270 to 290 drams per liter.
“We have always said that petrol can be brought to Armenia from Iran, Turkmenistan and other countries, if desired, and this will be far cheaper,” Arshia Monjezi is quoted by the newspaper as saying.
“The bulk of petrol comes to Armenia from Russia, and they decide how much it will cost.”
Monjezi is convinced that this is not a simple problem that can be solved. He stated that contrary to the Armenian prime minister’s statement, there is a monopoly at Armenian market and that he will not make another attempt to enter Armenia’s market, since it is doomed to failure.
Some 297,900 tons of oil and oil products worth $213.4 million were brought to Armenia in 2015. The key importer is Russia’s Rosneft, which dominates Armenian market with 73% (217,600 tons of fuel worth $149.6 million). --0----
According to the newspaper, he was warned against entering Armenian market a few months ago, when he wanted to start importing petrol into Armenia from Iran.
Remarkable is that Hovik Abrahamyan, Armenia's prime minister, swore recently before members of the National Assembly that there is no monopoly at Armenia’s liquid fuel market and anybody who wants may import fuel into the country.
One liter of ‘Regular’ petrol is sold in Armenia at 390 drams, while in neighboring Georgia its price is only 250 drams.
Taking into account all his expenses, the Iranian entrepreneur was going to supply petrol to Armenia and sell it at 270 to 290 drams per liter.
“We have always said that petrol can be brought to Armenia from Iran, Turkmenistan and other countries, if desired, and this will be far cheaper,” Arshia Monjezi is quoted by the newspaper as saying.
“The bulk of petrol comes to Armenia from Russia, and they decide how much it will cost.”
Monjezi is convinced that this is not a simple problem that can be solved. He stated that contrary to the Armenian prime minister’s statement, there is a monopoly at Armenian market and that he will not make another attempt to enter Armenia’s market, since it is doomed to failure.
Some 297,900 tons of oil and oil products worth $213.4 million were brought to Armenia in 2015. The key importer is Russia’s Rosneft, which dominates Armenian market with 73% (217,600 tons of fuel worth $149.6 million). --0----