Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Fuel prices will rise dramatically after 2023

Photo: BGNES

Fuels will continue to rise in price due to higher world prices and the depletion of Bulgarian storage reserves accumulated at lower prices. In 2021, the price increase is by one third, the chairman of the Bulgarian Oil and Gas Association Zhivodar Terziev told BNR.

Bulgaria is not prepared for the entry into force in 2023 of the new excise duties on hydrocarbon fuels in the EU. 
"The things that Europe imagines and the things that Bulgaria can do are two different universes. If we continue to promise strictly and fulfill, without realizing what awaits us, we will have similar problems as currently experienced by the Maritsa coal-mining basin and coal producers, " Terziev warns.



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

Bulgarian President calls for quick completion of the Alexandroupolis LNG terminal

President Rumen Radev has held a working meeting with Greek Prime Minister Kyriakos Mitsotakis. In Athens, they discussed the urgent activation of work on strategic bilateral projects. At a briefing, Radev said that the liquefied..

published on 7/3/24 9:28 AM
Nikolay Markov

"Velichie" parliamentary group collapses, the Atlantic Council calls for the formation of government

The Atlantic Council of Bulgaria has called on all "Euro-Atlantic-oriented MPs" to support the proposed GERB-SDS cabinet. If PP - DB do not wish to vote for the proposed cabinet, they can make its formation possible by not..

published on 7/3/24 8:45 AM

The National Assembly to vote on the government proposed by GERB-SDS

Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest parliamentary force, GERB-SDS, announced the lineup of the cabinet headed by Prime..

published on 7/3/24 7:05 AM