“The petrol stations the state is planning to construct will not be built with money from the budget,” said Minister of Economy Emil Karanikolov in an interview for bTV.
He added that they will not be financed by the future State Oil Company but, instead, by a commercial company which cannot be state-subsidized. The company will makes use of loans and own funds. Negotiations are underway to attract strategic investors from abroad to build the petrol stations and electric car charging stations.
According to the government’s stated intentions the purpose of the state-owned chain of petrol stations is to improve competition on the market and offer the public and businesses the lowest prices possible.
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..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
"Bulgaria expresses strong solidarity with Lithuania following Russia's repeated violations of European airspace, a clear example of deliberate breaches..
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