Khachatur Sukiasyan Plans to Enter Oil Products Market

According to «Hayastan» newspaper, a new company may emerge in the oil products import market soon. Khachatur Sukiasyan, the owner of SIL company, is constructing an oil product storage facility and intends to enter both wholesale and retail markets upon its completion.

The recent decrease in gasoline and diesel prices may be linked to this development, as market players are trying to signal to Sukiasyan that the revenue in this sector isn't substantial and investments may not yield the expected returns.