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

PM Denkov: Steps for the termination of Rosenets port concession are stipulated in the contract

Photo: BTA

Prime Minister Nikolay Denkov said that the concession of the port of Rosenets can be terminated, as the necessary actions for this are described in the contract. Referring to the proposal of the We Continue the Change-Democratic Bulgaria (PP-DB), GERB-SDS and the Movement for Rights and Freedoms (MRF) to terminate the two-year derogation for the Lukoil refinery to work with Russian oil, Denkov said that there was no final decision of Parliament, but the economic risks of such a step were being analysed. 

"It is important the refinery operates without any disruption so that Bulgaria and the region can be supplied with the necessary fuels at prices suitable for the population," the prime minister said in response to a question from Russian news agency TASS.

"It will be difficult to manage without a working refinery in the country, regardless of who runs it. We have no infrastructure, we have no rail cars and no road transport to carry sea imported oil products inland. According to the latest European Commission reports, in both Greece and Romania the production cost of fuel is 15-25 cents higher than that of the refinery in Bulgaria, which means that prices will be higher," Svetoslav Benchev of the Bulgarian Oil and Gas Association told BNR.



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

After a brief warming temperatures drop

In the next 24 hours, over most of the country cloud cover will remain significant with temporary breaks. In the morning, visibility will be reduced in some places. On Friday , the wind will be weak, mainly from the east. In the..

published on 2/13/25 6:55 PM

There is a chance that Bulgaria will adopt the euro on 1 January 2026, sources from Brussels said

If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is..

published on 2/13/25 6:02 PM

Some shoppers walk out of hypermarkets on boycott day

In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four organizations in Bulgaria declared January 13 a day for boycotting the large retail chains in protest of high..

published on 2/13/25 5:18 PM