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

Rumen Radev

Survey: President Rumen Radev with highest approval rating

Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov (18.9%), GERB party leader Boyko Borissov (15.9%), National Assembly Speaker Nataliya Kiselova..

published on 2/21/25 4:44 PM

74% of young doctors choose to remain in Bulgaria

For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a survey conducted among 224 Bulgarian students who graduated the Sofia Medical University’s medical..

published on 2/21/25 2:47 PM
Boyko Borissov, 21 February, 2025

GERB: US policy may pose a risk to Bulgaria’s economy

GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..

published on 2/21/25 2:35 PM