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

The cancellation of the derogation for import of Russian oil will not significantly affect fuel prices

Zhivodar Terziev
Photo: BTA

The withdrawal of the derogation from Lukoil Neftohim Burgas for the import of Russian oil will not have a direct and significant impact on the price of fuel in Bulgaria, Zhivodar Terziev, Chairman of the Board of the Bulgarian Oil and Gas Association, predicted to BNR. "Not the derogation, not the lack of derogation, but the decisions "for" and "against" unbalance the market and lead its participants to schizophrenia", he explained.

According to Zhivodar Terziev, the intervention of the state in a private structure is a problem and gives bad signals.

"We need predictability for years ahead, not "today for tomorrow" decisions," said the expert. He is categorical that if we follow such a policy, Bulgaria will not soon see a new foreign investor in the Energy sector.



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

Kornelia Ninova

Former BSP leader Kornelia Ninova founds new party "Unyielding Bulgaria"

The former leader of the Bulgarian Socialist Party, Kornelia Ninova, has founded her own party under the name "Unyielding Bulgaria." The goal of the formation is to offer an alternative to the current ruling model. "We cannot accept the..

published on 4/27/25 3:35 PM

“Caps for the Future” campaign collects plastic for mobile defibrillators for neonatal clinics

The national campaign “Caps for the Future”, which aims to purchase medical equipment for the treatment of children, is being held in Sofia and five other cities . Its initiators expect to collect about 60 tons of plastic on the central square “Knyaz..

published on 4/27/25 2:35 PM
IMF chief Kristalina Georgieva

Kristalina Georgieva: Bulgaria should be careful in the months leading up to joining the eurozone

Bulgaria is at a very decisive point on its path to introducing the European currency and must be very careful in the coming months so that the criteria are met, International Monetary Fund Managing Director Kristalina Georgieva told BTA. According to..

published on 4/27/25 1:20 PM