New trader to appear in Armenian gasoline market

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28.12.2021, 17:21

The head of Armenia’s anti-trust agency Gegham Gevorgyan told a press conference on Tuesday that a new gasoline trader is set to emerge in the local market in the near future.

New trader to appear in Armenian gasoline market

YEREVAN, December 28. /ARKA/. The head of Armenia’s anti-trust agency Gegham Gevorgyan told a press conference on Tuesday that a new gasoline trader is set to emerge in the local market in the near future.

Gevorgyan said the company, called Petrol Market, is owned by interconnected companies Anis Petroleum LLC and Porima Energy Solutions. He said these companies with Georgian capital are the owners of the GULF brand.

In August 2015, Russian Rosneft acquired 100% stake in Petrol Market LLC, which owned a network of gasoline stations and an oil storage facility in Armenia. -0-

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