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Energy minister says Bulgaria’s fuel supplies safe until year-end

published on 10/24/25 4:07 PM

Energy Minister Zhecho Stankov (L) and Justice Minister Georgi Georgiev at a press conference.

Photo: BTA

Fuel supplies for the domestic market are fully secured until the end of the year, Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to prevent speculation or price hikes, with control measures introduced if necessary.

Bulgaria has a clear action plan for oil and petroleum product supplies, consisting of several phases, including monitoring existing fuel stocks, preventive measures, and active dialogue with stakeholders, Mr Stankov assured.

The sale of Lukoil’s assets in Bulgaria will take place only after a decision by the Council of Ministers and approval from DANS

Bulgaria will act in coordination with European partners facing similar situations to develop a joint European action plan, Stankov said, according to BTA.

Editor: Diana Tsankova

Posted in English by E. Radkova

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Radio Bulgaria News bulgaria energy fuel supplies lukoil rosneft sanctions us zhecho stankov

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