Home / Armenia / Fisheries in Armenia Shutting Down After Electricity Bills Went Up

Fisheries in Armenia Shutting Down After Electricity Bills Went Up

The increase in the price of electricity has impacted also Armenia's fisheries, reports local daily Zhoghovurd

As a result of a reduction in water resources in many rural communities in Ararat and Armavir marz (provinces), fish farmers were forced to consume more electricity, so that they would be able to pump water into the pools where they breed the fish. 

The newspaper reports that as a result, 30% of the fish-breeding farms have stopped operations.

"Fisheries are on the way to being bankrupt, since they also have large loan commitments and are now in critical condition," Chair of the Fish Farmers Association Armen Buniatyan said, in conversation with the paper. 

By Buniatyan's account, the increase in the cost of electricity had a great impact also on the cost of fish, which will increase by 100–200 AMD ($0.25–$0.50 USD) in the near future.