Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

State oil company in Bulgaria to guarantee market competition

Photo: BGNES

The National Assembly has approved the establishment of State Oil Company. The amendments to the Law on State Reserves and Wartime Stocks envisage that the new company could not be privatized or go bankrupt.

The company is expected to build a chain of at least 100 gas stations and keep fuels in reserve. It will also operate warehouses, which will be registered like any other private site under the Fuel Act. Its principal will be the Minister of Economy.



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

US has asked Bulgaria whether it would send troops to Ukraine

The decision to send troops to Ukraine is an exclusive prerogative of the parliament. This is stated in the position of the Ministry of Foreign Affairs, following a request made by the US to European countries. Questions about..

published on 2/18/25 8:43 AM

Local Mavrud, Rubin and Broad Leaf Melnik Vine will compete with foreign varieties at "Vinaria" 2025

The International Exhibition of Viticulture and Winemaking "Vinaria" 2025 will once again present the latest trends in wine-making at International Fair Plovdiv. Within the framework of the 32nd edition, from February 18 to 22,..

published on 2/18/25 8:00 AM

"Agra 2025" brings science and practice together at International Fair Plovdiv

The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra 2025" exhibition in the halls of the International Fair in Plovdiv, BTA reports.  This year's..

published on 2/18/25 7:05 AM