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Fuel prices will rise dramatically after 2023

published on 10/7/21 10:30 AM

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.

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Radio Bulgaria News coal coal-mining fuels prices

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