Premium AI-95 gasoline produced in Azerbaijan will soon be available for sale in Armenia at a significantly lower price compared to local market rates.
According to Karen Hayririan, head of Mega Trade the fuel will be sold at 440 drams per litre, which equates to approximately $1.10, making the price point is notably cheaper than the current market price of around 520 drams per litre, or $1.30.
Mega Trade is one of the Armenian buyers of Azerbaijani oil which was shipped to Armenia for the first time in decades just last week.
Hayririan mentioed that the company has purchased about 600 tonnes of fuel for distribution. In total, 1,220 tonnes of AI-95 gasoline have been shipped from Azerbaijan to Armenia via Georgia.
The shipment, which consists of 22 rail tank cars, was produced at the Heydar Aliyev Oil Refinery in Baku, a key production facility for Azerbaijan’s fuel exports.
The Azerbaijani gasoline will be distributed through the Ran Oil network of filling stations across Armenia, giving local consumers access to high-quality fuel at more affordable prices.
This move marks a significant step in the growing trade relations between Azerbaijan and Armenia, particularly in the energy sector, and could potentially help stabilise fuel prices in Armenia, where gas costs have been fluctuating.
The sale of Azerbaijani fuel also strengthens the position of Azerbaijan as an important regional supplier of energy resources.
As fuel prices continue to rise globally, this initiative offers a much-needed relief for consumers in Armenia, while also demonstrating the economic cooperation between the two neighbouring countries.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Wash...
Azerbaijan won nine medals at the 2026 President Cup international regatta, held in Mingachevir and dedicated to Azerbaijan’s former presiden...
Preparations for Vladimir Putin’s upcoming visit to Kazakhstan were a central focus of talks in Astana between President Kassym-Jomart Tokaye...
An international youth forum titled “Strengthening the Role of Youth in the Postcolonial Era” opened in Baku on 1 May, bringing togethe...
Azerbaijan’s capital, Baku, has hosted the International Carpet Festival for the second time, with this year’s event opening with discu...
An international youth forum titled “Strengthening the Role of Youth in the Postcolonial Era” opened in Baku on 1 May, bringing together delegates from current and former colonies to discuss decolonisation, self-determination and the role of young people in shaping global governance.
Azerbaijan’s capital, Baku, has hosted the International Carpet Festival for the second time, with this year’s event opening with discussions on challenges facing the global carpet industry.
A large diplomatic delegation is touring Azerbaijan’s Garabagh and East Zangezur regions, observing reconstruction projects and memorial sites tied to recent conflicts. The visit highlights both infrastructure development and unresolved humanitarian issues raised by officials.
Minval Politika has released further footage it says shows former International Criminal Court Chief Prosecutor Luis Moreno Ocampo discussing alleged funding behind campaigns linked to Armenia and Azerbaijan.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Washington via Pakistani mediators on Friday (1 May).
Minval Politika has released further footage it says shows former International Criminal Court Chief Prosecutor Luis Moreno Ocampo discussing alleged funding behind campaigns linked to Armenia and Azerbaijan.
Azerbaijan won nine medals at the 2026 President Cup international regatta, held in Mingachevir and dedicated to Azerbaijan’s former president and national leader, Heydar Aliyev.
Preparations for Vladimir Putin’s upcoming visit to Kazakhstan were a central focus of talks in Astana between President Kassym-Jomart Tokayev and Russian Foreign Minister Sergey Lavrov.
An international youth forum titled “Strengthening the Role of Youth in the Postcolonial Era” opened in Baku on 1 May, bringing together delegates from current and former colonies to discuss decolonisation, self-determination and the role of young people in shaping global governance.
Azerbaijan’s capital, Baku, has hosted the International Carpet Festival for the second time, with this year’s event opening with discussions on challenges facing the global carpet industry.
A large diplomatic delegation is touring Azerbaijan’s Garabagh and East Zangezur regions, observing reconstruction projects and memorial sites tied to recent conflicts. The visit highlights both infrastructure development and unresolved humanitarian issues raised by officials.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment