Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Fuel prices on the rise in Bulgaria

published on 3/1/24 2:55 PM

Svetoslav Benchev, Bulgarian Oil and Gas Association

Photo: BGNES

Retail fuel prices in Bulgaria rose by an average of 10 cents for diesel and 4 cents for petrol last month.

"The prices are fully justified. They are related to what is happening on the international oil markets," said Svetoslav Benchev of the Bulgarian Oil and Gas Association.

The industry warns that fuel prices will rise because of stricter EU requirements for the use of alternative and biofuels, and that Bulgaria should take timely action to avoid price shocks. "What we can say in general is that we are back in a world where every geopolitical event has an impact on the price of fuel," Benchev said.

Under EU rules, member states must gradually replace conventional fuels with biofuels and carbon-neutral fuels.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy eu requirements fuel prices retail Svetoslav Benchev

More from category

Odile Renaud-Basso

EBRD President Odile Renaud-Basso: Bulgaria is making good progress toward joining the Eurozone

Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..

published on 3/20/25 9:10 AM

Bulgarian Ministry of Transport confirms priority of Corridor No. 8 connecting the Adriatic with the Black Sea

Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..

published on 3/15/25 10:57 AM

The Eurozone and Bulgaria – from enthusiasm to skepticism

A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..

published on 3/14/25 2:23 PM

1
..
3
4
5
6
7
..
10

WEATHER

Pick city: Sofía

Overcast, rain
Min: 6 | Max: 14

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

NSI: Agricultural net income down by 1.1% over the year

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year...

published on 4/14/25 2:26 PM

shopify analytics ecommerce
tracking