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

SOKAR would consider buying the oil refinery in Burgas

Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov
Photo: Embassy of Azerbaijan in Bulgaria

The State Oil Company of Azerbaijan (SOKAR) opened an office in Sofia at the end of April. SOKAR's office is the headquarters not only for Bulgaria, but for the whole region, the Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov said for Euronews Bulgaria. 

''If a proposal for the acquisition of the Burgas refinery is sent, SOKAR and the state will consider it. There are possibilities, but there is no specific proposal. There has to be a concrete proposal from Sofia so that we can make an offer", Huseyn Huseynov said. "We have always supported the idea of Bulgaria being both an energy hub and a transport hub", said Ambassador Huseynov. Bulgaria is expected to become a gas distribution point in Europe under the Solidarity Ring contract, Ambassador Huseynov recalled.



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

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..

published on 8/7/25 8:53 AM

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..

published on 8/6/25 9:51 AM
Rumen Draganov

Adopting the euro will not make tourism more expensive, it will even reduce some prices

Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..

published on 8/4/25 11:14 AM