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

State oil company in Bulgaria to guarantee market competition

Photo: BGNES

The National Assembly has approved the establishment of State Oil Company. The amendments to the Law on State Reserves and Wartime Stocks envisage that the new company could not be privatized or go bankrupt.

The company is expected to build a chain of at least 100 gas stations and keep fuels in reserve. It will also operate warehouses, which will be registered like any other private site under the Fuel Act. Its principal will be the Minister of Economy.



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

Boyko Borissov, 21 February, 2025

GERB: US policy may pose a risk to Bulgaria’s economy

GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..

published on 2/21/25 2:35 PM

Bulgaria should receive its second medical helicopter by the end of February

The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..

published on 2/21/25 1:33 PM

Parliament adopts declaration on non-participation of Bulgarian troops in Ukraine

The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of Ukraine. 166 voted “for”, 27 “against”, 11 abstained. The declaration was supported by all..

published on 2/21/25 1:16 PM