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

PM Denkov: Steps for the termination of Rosenets port concession are stipulated in the contract

Photo: BTA

Prime Minister Nikolay Denkov said that the concession of the port of Rosenets can be terminated, as the necessary actions for this are described in the contract. Referring to the proposal of the We Continue the Change-Democratic Bulgaria (PP-DB), GERB-SDS and the Movement for Rights and Freedoms (MRF) to terminate the two-year derogation for the Lukoil refinery to work with Russian oil, Denkov said that there was no final decision of Parliament, but the economic risks of such a step were being analysed. 

"It is important the refinery operates without any disruption so that Bulgaria and the region can be supplied with the necessary fuels at prices suitable for the population," the prime minister said in response to a question from Russian news agency TASS.

"It will be difficult to manage without a working refinery in the country, regardless of who runs it. We have no infrastructure, we have no rail cars and no road transport to carry sea imported oil products inland. According to the latest European Commission reports, in both Greece and Romania the production cost of fuel is 15-25 cents higher than that of the refinery in Bulgaria, which means that prices will be higher," Svetoslav Benchev of the Bulgarian Oil and Gas Association told BNR.



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

Ivelin Mihaylov

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM
Boyko Borissov

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget .  Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM