The Russian energy giant Lukoil is planning to make new investments in Bulgaria which would make that country a fuel export center in the Balkans, the President of the company Vagit Alekperov announced after his meeting in Sofia with Bulgaria’s Premier Boyko Borissov. With regard to Lukoil’s intention, some necessary legislative amendments were discussed at the meeting. Bulgaria’s cabinet is to propose those amendments to the country’s National Assembly. There is no fuel cartel in Bulgaria, Vagit Alekperov told journalists, adding that Bulgaria was the only country with such a high number of petrol stations per capita on the domestic market. The number of petrol stations in Bulgaria is twice higher than the number of petrol stations in Romania, which is a country with a population of nearly 30 million, Vagit Alekperov pointed out.
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
The leader of the ''Alternative for Bulgarian Revival'' party Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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