Azerbaijan says its fuel exports cut prices in Armenia by 20–30%

Azerbaijan’s Ambassador to the United Kingdom, Elin Suleymanov, wrote in an article in The Telegraph that several challenges remain on the path to a peace agreement with Armenia. Baku places particular importance on the formal and permanent removal of references to territorial claims against Azerbaijan from Armenia’s Constitution. Suleymanov said Armenian Prime Minister Nikol Pashinyan’s open support for constitutional reforms was an important step, but the international community should remind both countries that words must become concrete action.

He said transit restrictions affecting Armenia were lifted a year ago, and two months later Azerbaijan delivered the first shipment of domestically produced petrol to Armenia. By mid-year, tens of thousands of tonnes of fuel products had been exported to the neighbour.

Suleymanov said the new regional supply chain had contributed to a 20–30% reduction in domestic fuel prices in Armenia.