Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The cancellation of the derogation for import of Russian oil will not significantly affect fuel prices

Zhivodar Terziev
Photo: BTA

The withdrawal of the derogation from Lukoil Neftohim Burgas for the import of Russian oil will not have a direct and significant impact on the price of fuel in Bulgaria, Zhivodar Terziev, Chairman of the Board of the Bulgarian Oil and Gas Association, predicted to BNR. "Not the derogation, not the lack of derogation, but the decisions "for" and "against" unbalance the market and lead its participants to schizophrenia", he explained.

According to Zhivodar Terziev, the intervention of the state in a private structure is a problem and gives bad signals.

"We need predictability for years ahead, not "today for tomorrow" decisions," said the expert. He is categorical that if we follow such a policy, Bulgaria will not soon see a new foreign investor in the Energy sector.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Operation underway in Burgas against vote-buyng

A police operation was launched early this morning on the territory of Burgas against vote-buying. The operation aims to guarantee the normal process of voting at the early election for parliament on 27 October. Police are checking private..

published on 9/30/24 9:32 AM

Bulgaria among European countries with the greatest housing stock per capita

Bulgaria is among the leading countries in the number of own homes, and first among 24 countries of Europe, the Deloitte global index shows. According to the data provided by national offices of Deloitte in surveyed countries, Bulgaria has the..

published on 9/30/24 9:20 AM
Evtim Miloshev

A record summer season but also arising problems, tourism industry says

The 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high  results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..

published on 9/30/24 8:43 AM