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European regulations allow Bulgaria to tax excess profits from fuel trade

The state cannot administratively lower fuel prices, but it can compensate end users, Minister of Economy Nikola Stoyanov has told Nova TV. The cabinet has proposed that the parliament should adopt a tax of 33% on the excess..

03.11.22 11:00 |
According to Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Alexiev, Bulgaria has the cheapest fuel in Europe.

Deputy PM Hristo Alexiev: Bulgaria has the cheapest fuel in Europe

The policy of the caretaker government in the processing and export of fuels aims to ensure more affordable prices for consumers and compliance with the EU legal framework, Hristo Alexiev, Deputy Prime Minister for Economic Policies and Minister of..

01.11.22 19:30 |

Caretaker cabinet wants to lift ban on export of fuels by Lukoil refinery

The caretaker government will lift the ban on the export of fuels, derived from Russian oil,  by the Lukoil refinery in Burgas. This draft decision has been published for public discussion. The draft has been signed by caretaker Prime Minister..

27.10.22 12:04 |

Kozloduy NPP’s Unit 6 shuts down for scheduled annual maintenance

On Saturday, 24 September, Unit 6 of the Kozloduy Nuclear Power Plant is going off stream for scheduled annual maintenance. The reactor will be refueled for the 28 th time. All necessary resources, spare parts and qualified staff have been..

24.09.22 11:18 |

Bulgaria's government and Lukoil take measuers to secure the fuel market

Representatives of Bulgaria's caretaker cabinet and of Lukoil have identified measures to secure the fuel market in view of the ongoing oil embargo which the EU imposed on Russia. This was announced by the president of the Russian company, Vadim..

08.09.22 16:08 |

Bulgarian government and "Lukoil" to seek solution for the fuel prices

The Minister of Energy Rosen Hristov and Minister of Economy Nikola Stoyanov met today with the management of the companies "Lukoil Neftohim" and "Lukoil Bulgaria". Fuel prices and possible measures to lower them for the end user..

26.08.22 16:33 |

Bulgarian government wants to negotiate lower fuel prices with Lukoil

The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to..

11.08.22 11:32 |

Fuel prices place Bulgaria among top destinations for budget travel

The Road Trip Index 2022 by the leading world travel application KAYAK breaks down 33 countries by 24 individual factors depending on what they each offer and the type of trip one wants to take. The rankings from this study are divided into five..

11.07.22 13:07 |

Bulgargaz demands 32% higher gas price for July

Bulgargaz EAD has officially notified its customers that the final price proposed by it for the public supplier to sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy for..

07.07.22 18:45 |

Heating companies propose increase in prices by 29 to 330%

Heating companies have requested a rise in the price of heating and hot water between 29% in Sofia and 330% in Veliko Tarnovo. This is clear from the published statements of the companies on the website of the state energy regulator.  However, their..

26.05.22 17:18 |
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