According to Armenia’s Statistical Committee, gasoline prices rose by 4.4% and diesel prices by 3.9% in September 2025 compared to August.
Year-on-year, gasoline prices dropped 1.1%, while diesel increased by 1.5%. Compared to December 2024, gasoline is down 0.1%, diesel up 3.2%.
A local fuel distributor told Factor.am that “Premium” gasoline now sells at 520 AMD per liter, and “Regular” at 500 AMD.
The seller attributed the rise to import costs, which have surged due to a fuel shortage in Russia.
Economist Aghasi Tavadyan explained that diesel demand in Russia spiked during the harvest season, prioritizing domestic use.
He added that Ukrainian strikes on Russian oil infrastructure also disrupted supply chains.
“Last year we saw a similar trend, but not this level of oil infrastructure attacks,” he said. Russia also imposed export restrictions for about three months, officially excluding Eurasian Economic Union (EAEU) countries, but still affecting supplies to Armenia.
Tavadyan noted that although Armenia’s fuel market is competitive, diesel prices are around 30% higher than in Georgia.
He cited additional challenges in transportation and customs clearance, pointing out reports of “unofficial” payments demanded from Armenian fuel trucks entering Georgia.
“In the case of liquefied gas, some reports said drivers were asked for bribes to pass through. While Georgian authorities denied it, Gevorg Papoyan acknowledged the problem. That alone caused a price increase of 10–20 AMD,” Tavadyan noted.
Meanwhile, the Eurasian Economic Commission decided on September 30 to eliminate import duties on gasoline and diesel.
The decision applies until June 30, 2026, and includes motor gasoline, jet fuel, diesel, marine fuel, and other types of gas oil.
Deputy Prime Minister Mher Grigoryan’s office said the measure will soon take effect and may help ease price pressures in Armenia’s domestic market.
