Podcast in English
Text size
Bulgarian National Radio © 2025 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

A warning for dangerous rainfall has been issued for 12 regions in Southern Bulgaria

On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..

published on 11/27/25 6:45 PM

Varna mayor Blagomir Kotsev released pending trial on €102,258 bond

The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..

published on 11/27/25 5:37 PM

Three detained and five police officers injured at last night's protest in Sofia

Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..

published on 11/27/25 3:50 PM