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

Temperature drops with stormy wind and rain

On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from the west and rainfalls will start. Later in the day there will also be precipitation in the..

published on 9/28/24 6:05 PM
Iliana Iotova

Iliana Iotova wishes voters to remember the end of the 50th parliament and to make a wise choice

The 50th National Assembly ended in a way that is very offensive to us, the Bulgarian citizens, Vice President Iliana Iotova said in Madzharovo, where the Day of Thracian Memory took place at the memorial complex with an ossuary..

published on 9/28/24 4:26 PM
Raya Nazryan

National Assembly Speaker to convene extraordinary parliamentary session if one fifth of the MPs request it

The Speaker of the National Assembly, Raya Nazaryan, would convene an extraordinary session if one-fifth of the MPs proposed specific topics and points of discussion. In Kyustendil, where she is a guest of the Fertility..

published on 9/28/24 3:24 PM