Podcast in English
Text size
Bulgarian National Radio © 2025 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

A new law will normalize pricing along the supply chain

The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through processors, the distribution of primary products and food, as well as wholesale and retail trade,..

published on 2/15/25 2:50 PM
Bulgaria’s Premier Rosen Zhelyazkov

Bulgaria's cabinet holds emergency meeting on food prices

Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices. On February 13, some Bulgarians participated in a boycott of food retail chains. Measures for..

published on 2/15/25 1:16 PM
Georg Georgiev (L) and David Lammy (R)

Foreign Minister Georgiev: Schengen membership strengthens our capacity to manage migration

Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its consequences. The forum was part of Georg Georgiev’s program during the Munich Security Conference,..

published on 2/15/25 11:58 AM